Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.36

-3.3%

3:59 PM EST

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To: Dee Jay who wrote (1586)	1/16/1997 5:14:00 PM
From: Robert Scott	of 61433

Dee Jay, This is my opinion is a bad report. Earnings per share have slowed significantly sequentially for a stock with its PE. Last sequential quarter if you take out the noise was $.29 (5 cents better than previous sequential). Now $.32 (3 cents better). Stock should sell off tomorrow but I still believe in this company and would like to buy some at lower levels.

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