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


To: Bald Eagle who wrote (28517)12/22/1997 9:12:00 AM
From: WBendus  Read Replies (1) | Respond to of 61433
 
Wrong Cisco, it was Sysco that was downgraded, therefore no effect. Cabletron earnings should provide some push early on but thin trading volitility should be expected and there is always the Nikkie below 15,000 which could way on shares.

Given Fridays strong rebound in technology I personally think that today has a liklihood of being positive for Networkers.

Wayde.



To: Bald Eagle who wrote (28517)12/23/1997 7:03:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
Funny, though, the analyst didn't change earnings' expectations, so why downgrade? Maybe he considered CSCO already fairly priced. The stock will not appreciate faster than the market. Glenn