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

To: Kumar Nathan who wrote (20846)	11/3/1997 9:27:00 PM
From: sepku	Respond to of 61433

>>>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.<<< I admit that. I can honestly say that this is the ONLY time I have ever witnessed the analyst community calling a stock's fall well before the fact. It appears even the impossible can happen! Style Pts.

To: Kumar Nathan who wrote (20846)	11/3/1997 9:28:00 PM
From: uu	Respond to of 61433

Kumar: you state: > It will be very hard for any analysts to upgrade this stock As we have seen within the past couple of days there have been a couple of analysts either reiterating the buy (Smith&barney) or have upgraded it to a strong buy!! I believe we will be hearing a lot of upgrades from this point on simply because the big boys of the Wall Street badly want to get out of this stock!! And of course they want to get the best possible price. So be assured we will see a few more strong buy recommendations very soon!! Regards, Addi Jamshidi