SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ASND - Discussion, but no quotes
ASND 197.59-0.8%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Korn who wrote (106)9/16/1997 11:13:00 PM
From: Carl R.   of 186
 
My understanding is that ASND is guiding analysts to a quarter with sales about the same as last quarter, not a disaster, but no killer quarter either. The reason that the market is upset is that this will be the fourth consecutive quarter with earnings in the low $.30s. They like to see consecutive increases in EPS. Even though sales have grown, EPS hasn't. But that should change in Q4 once they get by the 56k modem questions.

Anyway, I did average down today below 33. I thought the bottom would be 30, but accepted 32 as the bottom. Did you clear out those puts today or yesterday at a nice low point? I still think we will hit 40 by Friday.

Carl
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext