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: Scott who wrote (10294)	9/2/1997 4:32:00 PM
From: Andreas Samson	of 61433

>>Obviously....at this point no one agrees with you...Anylsts on the street feel they will miss the qtr....the market feels the same...<< I'm not so sure, Scott. There are 26 analysts covering ASND, and only one, Merrill Lynch, changed its recommendation: from accumulate to neutral. Clearly they weren't too high on ASND to begin with. Only three analysts have cut numbers, lowering est.'s by a penny to .35. I'll say it again: what would prompt the management of ASND to knowingly make materially false claims about growth and revenues? Statements which would easily be exposed in due course. I just don't see it. Do you?

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