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


To: Sector Investor who wrote (22938)11/12/1997 1:52:00 PM
From: uu  Read Replies (3) | Respond to of 61433
 
Sector:

Do you happen to also have the phone number/contact information of the analyst making those comments? I really would love to give him/her a call and fax his/her so called report as you posted, when his/her own firm going to upgrade the stock to a Strong Buy once it reaches $50-$60 range! And ask him/her if the stock is a sell at $22-$24 how can possibly for it to be a strong buy at $50-$60?!

And yes I do realize some may think $50-$60 is hard to achieve considering the current situation at hand. But, as quickly as these stocks come down they go up at a much much faster rate. The company is as solid as it has always been, only running into something that in 6 months from now will only appear on the charts as a minor blip in the overall trend of the stock.

Regards,

Addi Jamshidi



To: Sector Investor who wrote (22938)11/12/1997 3:10:00 PM
From: satish kamat  Respond to of 61433
 
Sector: Very insightful comments.
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Sector's comment. By the time ASND has "proved" this and these analysts come out with their upgrades, ASND stock will no longer be in the $20s or even $30s.
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I guess this is why street is known as a forward discounting mechanism. By the time analysts have their "proof" we would be laughing all the way to the bank..ooops...it (banking) is now accessible through network infrastructure build using equipment from ASND.