SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Maverick who wrote (21283)11/5/1997 2:47:00 PM
From: uu  Read Replies (1) | Respond to of 61433
 
H&Q just upgraded CSCO (and soon other brokerage houses/analysts if not already, will do so) to a strong buy! In my opinion of course, I strongly suggest for those who hold CSCO and have a profit, should start selling. The strong buy upgrade means that H&Q's big shot clients want to get out of the stock badly ASAP as the stock starts to move up perhaps another 5-6%! Maybe as they do sell their CSCO they will shift some of their profit to ASND (which I HOPE brokerage houses start downgrading it dramatically very soon! Indicating that their big shot clients are now out of ASND and are now in a mood to start loading up on the stock!). However regretfully these analysts continue to either reiterate their strong buy on ASND or have that as a 'buy". This is not, and I repeat not, good and as long as they keep doing this we will see ASND going down big time! Lets hope for analysts to start taking ASND from their buy recommendation list and move it to the hold/sell list! Always keep in mind, when analysts say a stock is a buy/strong buy it means their big shot clients want to get out of the stock badly! And when they say a stock is at best a hold/sell, it means their big shot clients want to get their hands on the stock badly!

Regards,

Addi Jamshidi