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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Gary Korn who wrote (26069)	12/5/1997 9:09:00 AM
From: Sector Investor	of 61433

<<Michael Ashby ASND's CFO stated that they are comfortable with $1.05 for FY97 and $1.45 for FY98. According to the CNBC piece, Ashby is comfortable with 1.15 for 98. Anyone know which is correct?>> The $1.45 comes from a Dow Jones article I posted yesterday afternoon. It is probably a typo, as $1.15 is what was stated previously. However, $1.45 is probably going to turn out to be close to what they will actually do in 1998. They are being VERY conservative right now.

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