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Technology Stocks : Ascend Communications (ASND)
ASND 199.63-1.4%Dec 18 3:59 PM EST

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To: Kevin who wrote (14489)9/26/1997 12:12:00 AM
From: Sector Investor   of 61433
 
<<The 1997 EPS estimate is $1.24 per share, >>

Current year EPS estimates are probably now completely inaccurate
in light of the two major new contracts from NTT and UUNET.

The UUNET deal appears to be fully utilized THIS YEAR (i.e Q3 and Q4).
If most is Q4, this will add a lot to Q4 EPS.

The NTT deal is supposed to be over three years, but it is BIG and
totally NEW revenue, possibly as much as $20M/qtr.

None of this is factored into any existing 1997 EPS estimates, as they
came out before these announcements.

ASND will do much better than any estimates you will find, IMO.
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