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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: MoonBrother who wrote (14633)9/26/1997 10:01:00 PM
From: Sector Investor   of 61433
 
<<So be it! By now everyone knows that this qtr's result might be a little soft. That's why
all the analysts reduced their earning estimates for the qtr. That's why stock is at $36
instead of $46. But think about next qtr! With UUNet, Japan and Europe deals all
kicked in, how much ASND will earn next qtr!!!>>

I fully agree. By now, even though not announced yet, Q3 earnings are
old news. The qtr will not be a disaster IMO, and bad news was fully
priced into the stock on this recent dip.

Anything close will be only good news, not bad. Great planning to
take advantage of Interop to start Q4 off on a great note - the mgt
is brilliant indeed!

Then look at Q4 and forward - awesome. After the Q3 CC, there have to be
upward Q4 revisions and upgrades as the realisation sinks in that
CSCC's earnings will become a larger percentage of total with each
quarter because it's markets are growing explosively.
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