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


To: sea_biscuit who wrote (21318)11/5/1997 7:01:00 PM
From: Narotham Reddy  Read Replies (2) | Respond to of 61433
 
May we see a mild rally tommorrow ?

Or the people still prefer to wait on the sidelines until
things get better.

Narotham



To: sea_biscuit who wrote (21318)11/5/1997 7:12:00 PM
From: uu  Read Replies (2) | Respond to of 61433
 
Dipy,

I am not implying analysts are perfect contrary (although in most cases they are)! What I am implying is for a small player to go just by the words of an analyst is pure stupidity. One must always rely on his own analysis, gut feeling, and perception of what appears to be truth made by the company he/she is investing!

Regards,

Addi Jamshidi



To: sea_biscuit who wrote (21318)11/5/1997 7:54:00 PM
From: Skeeter Bug  Respond to of 61433
 
>>The best course is to have one's own valuation parameters and follow them strictly,
and simply disregard whatever the analysts say. Give their statements and
pronouncements zero importance! Period.<<

agreed, with on caveat. tom hurlcrap, mutha merril's lead tech analist, is clearly in the buy low phase of his "game" on mu. mu is waaaaay overvalued based on my analysis and dram prices falling 20%+ per q. knowing that hurlcrap is bearish and will downgrade mu in a heartbeat gives me more confidence to up my put positions and make some more dough.

they aren't totally worthless. but, they are totally sleazy, imho.

just learn the game and use them to your advantage :-)