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


To: Glenn D. Rudolph who wrote (24366)11/21/1997 9:33:00 PM
From: Larry Myers  Read Replies (2) | Respond to of 61433
 
This is what pisses me off about investment houses. Their is no way on earth for any outside concern to make the determination that a company with 200,000,000 shares will earn .01 less than they previously thought. This is an insignificant amount of money; in the case of ASND it would be $2 million. The company (asnd) itself can't predict that close at this time. It's just an excuse to issue a negative about the company for reasons known only to H/Q and a good chance that the reason is one that would be beneficial to them. This is completely irresponsible and morally wrong.

ljm