Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.29

0.0%

Jan 2 9:30 AM EST

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To: JH who wrote (8909)	8/14/1997 1:23:00 PM
From: Todd DeMelle	of 61433

This is directed toward the long term ASND holders... Recently there has been a spate of downward earning estimate revisions... These figures are from First Call... EARNINGS ESTIMATE REVISION MOMENTUM QTR QTR FY FY Sep 97 Dec 97 Dec 97 Dec 98 Up Revisions last 7 days 0 1 0 0 Up Revisions last 30 days 2 4 2 5 Down Revisions last 7 days 2 1 1 2 Down Revisions last 30 days 15 13 18 11 In your opinion, is there a fundamental change taking place in ASNDs earnings future? Or are these revisions more indicative of the vicissitudes of the street? The Median Long Term Growth Rate for the next five years is still 40% according to First Call. Todd

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