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


To: Tim Luke who wrote (56132)10/20/1998 11:09:00 AM
From: ibrandybuck  Read Replies (1) | Respond to of 61433
 
Tim, et. al

I'm looking for the reported downgrade(s). I'm having trouble finding anything credible. Note, I've never considered CNBC particularly credible. Is this the only source? Is someone other than Warbur Dillon Read supposedly downgrading (recall how Nikos was slammed during the conference call, so discount his opinion).

ASND appears to be covering nicely. Looks like a dream day for daytrading. I managed to pick up some more, but will probably hold it long. Conference call was incredibly bullish and accounting practices/estimates appear quite conservative (which is why I find the downgrades tough to credit).