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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Maverick who wrote (20793)11/3/1997 9:21:00 PM
From: Kumar Nathan  Read Replies (2) | Respond to of 61433
 
Maverick: It will be very hard for analyst to belive these guys. We all should admit that analysts did a wonderful job on this stock. They initially said that this is a dog. Company didnt say a thing. Finally it has been proved that analysts were right. Everybody realized that company's management is not trust worthy due to their incompetent actions. They lost their credibility. It will be very hard for any analysts to upgrade this stock unless they see one or two good quarters.

Clearly, it shows that ASND is not a wall street's favourite.

Regards

Kumar.