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Technology Stocks : Ascend Communications (ASND)
ASND 202.96-2.8%Jan 9 9:30 AM EST
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To: Tom Hays who wrote (8501)8/11/1997 4:27:00 PM
From: Chi-X   of 61433
 
Here's my analysis of ASND and why Analysts still have a rosey picture even though I've been out of ASND since that last 6+ point pop to the 50's. July had surprisingly lower numbers than one would expect with the current estimates. However, this quarter is back end loaded meaning those backorders will probably come in during last August and into September.

But back orders aside, the weak July numbers looked pretty ugly no matter what kind of rose colored glasses you use.


Cheers,
Chi-X has Spoken!

CEO
Chi International
members.aol.com
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