Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.14

-0.1%

Jan 5 3:59 PM EST

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To: wallyam who wrote (9819)	8/27/1997 12:27:00 PM
From: Scott	of 61433

Reached a couple of analyst: Worried about Europe...est. down to about 35 cents...feel that qtr is a stretch..If they don't get orders in by the first week of Sept.they won't be able to ship in time = they will miss qtr..about a 40% chance of making qtr...Many analysts are doing damage control..working in the dark at this point..expect many calls to managment in Sept...if anysts start lowering their est in Sept....sign management is talking them down.. Overall- I would say the market feels they will miss qtr..buyers are waiting tell after the qtr...Upset with management for bullish comments...prior to weak 8-k filing...For the fundamental long term buyer..this stock is a value and will become more of one as we go forward...I think it will take us towards the end of the year or 1st qtr for a strong turn around...

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