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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: Brian Lin who wrote (6792)7/15/1997 6:44:00 PM
From: Bindusagar Reddy   of 61433
 
Brian,I listened to the conference call. Mory said he expects high single digit and low double digit Q-Q sequential revenue increase.
At 10% it is 46% ANNUALIZED GROWTH. At 11% it is 50%. At 12% it will be 56%. We are looking at growth rate of 45-56% over the next four quarters.
It is not bad news. You should listen to it again. he clearly said it is Q-Q. Not year-year.
Hope this comforts you little.
BR
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