Ascend (ASND) descending? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend (ASND) descending?

ASND 213.41

+1.9%

Dec 31 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jimmy Protsenko who wrote (214)	6/25/1996 7:33:00 PM
From: Billy Dunn	of 313

Jimmy: That's a good point. I say it would go to $30. The stock is based on the phenomenal growth. A decrease in earnings would hammer this stock. However, after careful review, I expect earnings to be .21 now based on continuing growth and last quarter's inventory level. That would be a 100% analyst surprise. NOTE: the CEO stated that he was comfortable with analyst estimateS. EstimateS. Plural. The high estimate is currently .20. Netstar will not happen until next quarter. ASND will be very wise to improve the performance of this stock quickly before the dilution of the stock during the Netstar transaction. ASND doesn't want to be known as a loser. That attitude can sometimes stay with a company for a VERY LONG TIME.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next