Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Harry Ehrlich who wrote (13714)	9/20/1997 3:37:00 AM
From: casey (guessed password)	of 61433

HARRY - If anyone can remember as far back as July, ASND warned they had only made .02 on what was supposed to be a .09 month (under the 9/9/18 scenario for the Q). - And for those of you who don't do math, ASND cannot reach expectations unless it can make up that 3 1/2 per month and there's been nothing to say it will. The worst estimate of all the downgrades in the past two weeks was for .31 and that was only a penny above July's failure hoping Aug and Sept would be "back end loaded." The NTT agreement is not going to show up in this Q, and unless ASND can pull a rabbit from a hat (that is someone with fast cash) they will report earnings even lower than the lowest estimate.

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