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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST
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To: Sonki who wrote (10072)8/28/1997 11:23:00 PM
From: giles   of 61433
 
Acturally, that's the trouble with backloading a QTR. You don't know until the end. They expect virtually all their earnings and a huge amount of sales in September which hasn't arrived yet so how can they know for sure what's what.

I'm hoping their silence now is to have some thunder at their Solomon conference, but maybe there's nothing good to say.

I also think ML is right to issue a neutral short terrm rating when this QTR is up for grabs. MGMT says in a conference call in week 2 of the QTR that they are going to have high single digit or low double digit sequential growth and in week 4 of the quarter says all areas are going gung ho and in week 5 issue a report of dismal sales and .02 earnings.

From everything I've read, foreign sales in Japan, Thailand, Phillipines, Canada look great, but in US what else besides UUNET?

I really hope they will knock our socks off at the conference, but I am not holding my breath.
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