Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.98

+4.3%

3:59 PM EST

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To: X208 who wrote (14846)	9/29/1997 2:47:00 PM
From: Maverick	of 61433

X, you are doing a diservice to investors by hyping that the whisper EPS is $0.34. I challenge you to post such a "private" upgrade letter in its entirety and the name of the firm. From all reputable firms, ASND will miss the consensus of $0.31. The only question is by how much which may vary from 3 pennies to 7 pennies. Most of UUnet revenue will be booked in Q4. Very little if any NTT revenue is counted this qtr. The same is true w/ Europe revenue. If you want the price to go a little higher so that you can get out then say so. No prudent and experienced investor such as you would buy in this FUD environment. Tomorrow is the last day of FY97 of many mutual funds who may dump ASND some more, which has underperformed the market for so long for "window dressing". I am sure you know what that means. If you want to buy, you might want to wait until Oct 10 when the earning is released and the dust is settled. I anticipate between now and Oct 10, there will be a lot of head fakes created by those who want to dump the stock. Don't be fooled.

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