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: Peter Yang who wrote (13830)	9/22/1997 8:24:00 AM
From: Scott	of 61433

<Sector Investor, Thanks you very much. I think that's one of the best posts I have seen on this thread. It has totally cleared my doubt about ASND's earnings in July. That .02 earning really got me worried for a while. From your post I understand that .02 really means nothing. I feel much more confident now for my long position on ASND. Thanks again! > Peter, I wouldn't say it means nothing...It means that that sales for July were below expectations...and that they needed a good August and a Great Sept. I tend to look at it like this...in July they were about 2% to 2.5% below what they normally recieve in sales for July..so they needed to make up over 1% in each of the next two months...After July I wasn't to worried after a slow August ...I think they will have trouble meeting the orginal est...But have a good chance of meeting the new wisper number of .30 or so

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