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


To: uu who wrote (25470)12/4/1997 12:45:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 61433
 
RE: Anyway, does anyone know how many con-artists (i.e. analysts) have downgraded ASND to a hold/sell or simply a very bad stock to hold for the next 6-12 months? If their number exceeds the ones who still have it as a buy then it is time for small investors to start buying, because the very same con-artists (i.e. analysts) who have it as a hold/sell are buying it!

IMO, one is better off doing his own research and justifying the purchase of a stock on the basis of his findings. Simply running counter to what the analysts say is futile. So, what if they are (apparently) buying now. They could be wrong too! If you buy just because you think they are buying, you might very well get impaled... again! :-)