Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: Scott who wrote (12886)	9/15/1997 7:19:00 PM
From: Matt Meagh	of 61433

I've read a couple times now, that a pre-release earnings guidance by Ascend mgmt will bring the stock down, or at least prevent an upswing in stock price. It seems to me that the consensus is that Ascends has two immediate problems: 1) potential earnings shortfall for the current quarter, and 2) no "credible" guidance from management. Unless they pre-release with estimates below flat (I believe last quarter was .32 ???) or below current analyst estimates (.30 -.32 ??), isn't point 1 already priced in, and point 2 is mitigated. I don't understand why a pre-release is necessarilly going to drive this stock lower. Why not higher?

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