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Technology Stocks : Ascend Communications (ASND)
ASND 208.49-1.2%12:32 PM EST
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To: pass pass who wrote (27523)12/11/1997 8:40:00 AM
From: Sector Investor  Read Replies (2) of 61433
 
<<If it's $1.15, adios.>>

Thats ridiculous. For any tech CFO to state comfort with a higher
net earnings than 1997over a year ahead (particularly in the light
of the Asian flu) is very bullish, IMO.

In ASND's current position, the CFO knows it's better to say nothing
if he is not almost CERTAIN (and I hesitated on the 'almost') they
can make those numbers. I still find the fact he said that astounding.

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