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


To: Moenar who wrote (30001)1/11/1998 8:35:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 61433
 
All of ASND's wink and nods are saying good quarter. But in this tech
atmospher I can't help but to be nerveous. I hope wall street knows
something that accumalation/dist. rating has become A.


Moenar,

I am taking ASND's stating comfort with analyst's estimates as being almost gospel. I suspect management cannot afford to make a "fool" out of the street again.

There is a problem. The market sentiment is bad. Good news is overlooked and bad news is like putting gasoline on the fire. The phrase is clearly not mine.

Glenn