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


To: Tim Luke who wrote (42279)4/5/1998 11:09:00 PM
From: Dave Colp  Read Replies (1) | Respond to of 61433
 
Everybody has a sense that Ascend has something up their sleeve for Thursday night. I'm just wondering what Adams Harkness knows that all of us don't know? Or don't they know anything? <g>

Monday March 23, 1998

Ascend Comms dowgraded by Adams Harkness - Briefing.com - 4:31 pm

Why would they make a downgrade so close to earnings release and I wonder how long before investment banks admit they were wrong? Geez, they only cover 110 stocks according to a profile of them!



To: Tim Luke who wrote (42279)4/5/1998 11:12:00 PM
From: RobZ  Read Replies (2) | Respond to of 61433
 
Tim,

With the markets closed Friday, would any kind of a surprise in earnings or conf. call comments (good or bad) lead to an exaggerated response in share price change on the following Monday?

Just curious,

I hope we beat 0.25 on Thursday PM.( I assume the announcement is AFTER the close)

Cheers,

Rob