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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST
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To: Larry J. who wrote (20117)10/31/1997 3:59:00 AM
From: Larry J.   of 61433
 
Amendment to above numbers: First Call Estimates

Dec Q FY'97 Mean EPS FY'98 Mean EPS High est. Low est.

.23 1.06 1.15 1.35 .47

Long Term Growth Rate is 38% (next 5 yrs.).......Last 5 yrs. 128%.

These numbers change the valuation cited above considerably, however, the low estimates set the stage beautifully for earnings surprises and upgrades in coming quarters.

Larry
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