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


To: Julian Chen who wrote (25712)12/4/1997 5:44:00 PM
From: Bosco  Respond to of 61433
 
Julian - yes, in a way, you are right, that doing earning projection in the hi tech sector, especially when competitions are heating up and some of the customers (e.g. Asian economies) are less affluent.

However, unfortunately, them anal-ists can move mkts. I know, I just got *kurlaked*!

Of course, not all anal-ists are out to hurt people, a few of the axes are pretty much on the ball and they ve a prestine reputation. So, if DMG (if Noel Lindsay is still there,) chooses to believe the Mory crew (rhyme with the rock'n roll band <g>,) there may be life for this sick puppy. The flip side is that people are running scared these days, I won't be surprised if they take the money and run the 1st sign of uncertainty.

rgds Bosco



To: Julian Chen who wrote (25712)12/4/1997 5:48:00 PM
From: jeff wheatley  Respond to of 61433
 
I agree these estimates go up and down like a yo-yo, but if you don't believe that they move stock prices, watch what happens if and when they start creeping up again.