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


To: Narotham Reddy who wrote (21319)11/5/1997 7:12:00 PM
From: Taby  Read Replies (1) | Respond to of 61433
 
Isn't this what was reported yesterday? What is new? Doesn't look bad.
Am I missing something?



To: Narotham Reddy who wrote (21319)11/5/1997 7:19:00 PM
From: uu  Respond to of 61433
 
Narotham:

You ask:
> May we see a mild rally tommorrow ?

Only if one or all of the current 16 analysts rating ASND as a strong buy or buy downgrades the stock (as compare to 11 who have it as hold, and 2 that have it as a sell or a strong sell!), in which case the rally would happen the day after the downgrade!!

Perhaps a little of sarcasm/kidding with regard to these analysts but also perhaps some truth too as discussed earlier!

Regards,

Addi Jamshidi