Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

3:59 PM EST

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To: giles who wrote (10080)	8/28/1997 11:43:00 PM
From: losepay	of 61433

Do you think the company guided the ML analyst in his comments. Ten days ago when the NTT news was becoming known, this same analyst said he saw it contributing a bit to September revenues. He also did not say he was uncomfortable with 1997 and 1998 earnings. What has changed in this time frame? I really have to question why an analyst would say he does not have confidence in his estimates and yet not change them. It seems to me he is trying to cover his a##. If they miss he can say I told you so. If they make, his estimates are the same and again he can say I told you so. Very few analysts have the desire to stick their necks out(other than Mr. Kurlak), so they hedge. In this environment, I have a hard time understanding the value that some of these guys add. Any comments? Regards, Brent

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