Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.30

-1.8%

3:59 PM EST

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To: casey (guessed password) who wrote (13991)	9/22/1997 8:43:00 PM
From: Maverick	of 61433

From my expr., a co. knowing that it will miss estimate usually announces a deal then follows by the earnings warning to minimize the impact. Could this be ASND's strategy ? The NTT deal boosted the stock from 32 1/8 to 37 15/16, then the warning comes causing the stock to tumble to ??? which is anybody's guess. My guess is $28 - 30 if the EPS is 0.24. W/o the good news preceding the warning to cushion the blow, it could plummet to mid 20's. I am long on ASND but truly believe that I can get back in at a lower price than now.

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