Ascend Communications-News Only!!! (ASND) Message Board

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Technology Stocks : Ascend Communications-News Only!!! (ASND)

ASND 224.39

+0.4%

Feb 3 3:59 PM EST

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To: Jeffrey Chan who wrote (968)	1/20/1998 5:08:00 PM
From: Gary Korn	of 1629

4Q Conference Call: Schneider: With me Ejabat, Ashby and Kristina Graziano. 1 hour call today. Review year and 4q, followed by q&a. We may make forward looking statements, etc. Mory: I want to thank all of you for joining us. Let me begin with financial highlites. Ashby will review financial perform in greater detail. 4Q rev 292.5 Mil or 8% sequential over Q3. 1.167B for all of 1997, 31% over 1996. Net income 24 eps. For all of 1997, 211.2M net income, or 1.06 eps. During q4, improvement in DSO and inventory. BtoB over 1.

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