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


To: sunfish who wrote (21314)11/5/1997 6:58:00 PM
From: mark alan rosenberg  Read Replies (2) | Respond to of 61433
 
If CNBC announces today at 6:00 EST, sequential growth is high
single digits to low teens, sequentially, than that is what it is.
Schneider, as I told you in earlier posts did not say what Reuters
reported yesterday. I don't believe anything coming out of Reuters,
in regard to Ascend, right now.



To: sunfish who wrote (21314)11/5/1997 7:09:00 PM
From: sepku  Read Replies (2) | Respond to of 61433
 
>>>They certainly tout stocks as their clients sell, and downgrade them as their clients buy. If you haven't noticed this, you need to take another look. I'm not saying every analyst does this on every call, but they do it often.<<<

That's what I meant when I said that there are, of course, some crooks among their ranks. I don't believe it is that they call the opposite of their intentions most of the time, but rather that they delay their calls becoming public for a few days, so that their clients are able to establish or liquidate positions before the rating hits the wires. They do have official records of their calls/reports. If they manipulate the stock by issuing bogus recommendations, the bad calls end up on the record books while their correct calls are unofficial. This then damages their performance history and hurts their credentials the next time they apply for a new job at a different firm who WILL review their accuracy.

Someone mentioned a few days ago that the analyst community was correct about collectively downgrading ASND in the high 40s following the 8K filing. I agree -- apparently there wasn't too much manipulation there among the 26 analysts.

Style Pts.



To: sunfish who wrote (21314)11/5/1997 7:44:00 PM
From: Skeeter Bug  Respond to of 61433
 
>>Can't agree with this. The reason is that they aren't really paid to make good=
accurate calls, at least not make these accurate calls public knowledge. Rather, they
are paid to make money for those that employ them, which they often do by
misleading "others" usually the public. They certainly tout stocks as their clients sell,
and downgrade them as their clients buy. If you haven't noticed this, you need to
take another look. I'm not saying every analyst does this on every call, but they do it
often.<<

sunfish, you are a wise fish. one need only look at what tom hurlcrap, uh, i mean kurlack, did for mu. he was so fullt os sh*t i still stand in amazement.

their game is to manipulate public perception to buy low and sell high.

that's the bottom line. anybody who thinks otherwise has a lesson coming to them.



To: sunfish who wrote (21314)11/5/1997 8:18:00 PM
From: Kumar Nathan  Respond to of 61433
 
Hi People: Analyst community was right with respect to ASND. Every one of them downgraded this stock. After the fact we should realize that what they did make sense. Therefore let us quit analysing analysts and concentrate on what the jokers at ASND were doing.

Regards

Kumar.