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

To: uu who wrote (21299)11/5/1997 5:48:00 PM
From: Scott  Read Replies (1) | Respond to of 61433
 
ADDIT- The upgrade was from Chatfield Dean ..which is about as good as the guy next to you on the subway telling you that ASND is a good buy..Proably worse...Anylsts don't play the game you think they do...Their game is upgrading a stock prior to it opening when it closed the night before at $30 and is expected to open the next day at $40..they get to say they recommended it at $30..It also happens the other way...Look at all the downgrades prior to the opening of OXHP on the 28th. Anylsts are in the business of not taking risks and looking right when their not...But this game you believe they play is not correct...



To: uu who wrote (21299)11/5/1997 8:34:00 PM
From: Jeff Jordan  Read Replies (4) | Respond to of 61433
 
analysts have ASND either as a buy or a strong buy (meaning these analysts' big
shot clients badly want to get out of the stock and are in the process of doing so!),


You have posted this about 4 times today? The fact is you are incorrect! That may be true if the stock was $80. When a stock is at 52wk low, Buy means Buy! Where were you last month. Ascend was downgraded almost every day since $54.

Jeff


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