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Technology Stocks : Ascend Communications (ASND)
ASND 208.87+2.9%Jan 12 3:59 PM EST

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To: Glenn D. Rudolph who wrote (3119)5/13/1997 11:48:00 AM
From: Dee Jay   of 61433
 
pretty big disparity between Josephthal Lyon's decrease for Q2, down to $.37 and Soundivew Financial's INcrease up to $.49, but then both had disparate views in the opposite directions before their revisions.
Surely the merger affected J-L's view but wonder what would have triggered Soundview's upward revision in light of the merger's "hit" on earnings - unless they know something the rest of us don't vis a vis the current Q/s volume? While they're undergoing considerable expense right now putting everything together for the merger no doubt the charge therefor will not hit until Q3. Anyone have any ideas one way of the other?

Did either of the analysts give any reasoning for their (contrary) revisions?

Dee Jay
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