Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.76

-4.3%

Jan 16 3:59 PM EST

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To: Peter Yang who wrote (10267)	9/2/1997 12:09:00 PM
From: vegetarian	of 61433

>>I got in ASND at a higher price and I got nervous now after I checked the numbers. ASND is supposed to make 36 cents this quarter. However, it has made 1.5 cents for july. Is it possible that ASND can make 10 times more than July in Aug. AND in Sept.? Otherwise, it seems unlikely for them to meet the estimates. Any inputs? Thanks,<< Just my opinion; it is always possible that they will do it, question is whether it is likely? The prospects of a likelihood are not looking great at the moment; unless those numbers are cut further (I think we are already down from the original etimates for the Q). I think it would be possible to get into ascend at a lower price in not too distant a future. At this time your nervousness is justified as ASND keeps eating into its support at progressively lower levels exhausting the buying potential there.

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