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Technology Stocks : Ascend Communications (ASND)
ASND 213.290.0%Jan 2 9:30 AM EST
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To: D. Newberry who wrote (15072)9/29/1997 9:13:00 PM
From: Maverick   of 61433
 
Op margin drops significantly due to higher OP expenses and cost of sales and the sale promotions. This is Tripple Jeopardy for not only rev falls short but Gross and Op margins also decrease. From a fundamental standpoint, this is very ugly. I have some forward lookings on ASND but save it for later.
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