Ascend Communications (ASND) 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 Communications (ASND)

ASND 196.81

-4.9%

Dec 9 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Korn who wrote (29635)	1/8/1998 12:03:00 AM
From: jach	of 61433

<great post, and some remarks -> ----------- a. Book to bill will exceed 1 for the 4Q b. "We met our plan" for the 4Q c. The plan for 1998 is a 30% revenue increase and he is optimistic about meeting that plan. (In a 1 hour break-out session, this number was later changed to 15-20%) ---------- not clear the direction for Q4; met our plan and book-to-bill exceeded 1 do not necessarily mean they met q4. As for 98 plan, one can plan anything, so it meant nothing. If to base on the number below of 300m and 25c for targeted Q1 then to get the low estimated 23c for Q4 they will need to have revenue of around 292m. ----------- . Ashby also said: "Analysts project 300MM and 25cents/share for Q1...Frankly, anything over that, I don't care. Our primary objective is to regain the respect of the Street. We will meet the projected numbers, towards the high end each time." I got the definite sense that Q198 is not a problem, that it is effectively met already (or certainly will be). ----------- this is strange; the overall concensus for the low for Q198 is 26c and the high is 30c. So, the number 25c is already low.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next