Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.03

+0.4%

2:47 PM EST

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To: Jeff Jordan who wrote (43316)	4/9/1998 4:42:00 PM
From: S. Chiang	of 61433

From Briefing.com: Ascend Communications (ASND) 39 13/16 -7/8: networking products company reports 4th qtr net of $0.26 a share, a penny above the First Call mean view. ASND earned $0.31 in the yr-ago. Quarterly revenues rose 4.1% to $305 mln; sees STRONG demand for network backbone systems for the remained of FY98....sees STRONG growth in consumer segment of business... My friends, we'll never see ASND below 40 anymore :-)

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