Ascend (ASND) descending? Message Board

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Technology Stocks : Ascend (ASND) descending?

ASND 212.98

+1.8%

Jan 7 3:59 PM EST

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To: Matthew Shapiro who wrote (167)	6/19/1996 4:31:00 PM
From: Deepak R. Ghosh	of 313

Matthew: Assuming gross margins remain same, the following are some estimates: If rev is $115 million EPS would be $0.21 If rev is $125 million EPS would be $0.23 The First Call EPS estimate is $0.19 for 1st qtr 1996. The closing was not very good. I expect ASND to test $51.625 again tomorrow morning. Deepak

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