Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Glenn D. Rudolph who wrote (16396)	10/5/1997 11:06:00 AM
From: Ashley Campbell	of 61433

Re: Earnings and Stock Price. I think there's more of a chance for the stock price to be up rather than down after earnings are announced. If they make the 18-20 cents, the market has already factored that in so, assuming the conference call and outlook for next quarter are positive, the stock will likely go up from here. I'm hoping they threw everything in and lowballed the 18-20 estimate. In which case, maybe we'll see results a bit better and the stock price will go up...hoping but not counting on it. I think for them to come in below the revised estimate would mean they really s*ck. In which case I'd probably re-evaluate my opinion about this stock as a medium-long term hold. a.c.

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