Ascend Communications (ASND) Message Board

STOCKTALK

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 : Ascend Communications (ASND)

ASND 210.62

+0.3%

2:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stratajema who wrote (14643)	9/26/1997 11:28:00 PM
From: Sector Investor	of 61433

<<Sector. I'm an Ascend newbie. Doesn't it make sense that if Ascend was going to miss this quarter by more than 20% then they would have preannounced by now? Am I correct that Ascend's 8K filing in August which estimates their July sales started the decline in the share price?>> I think you are probably correct. A disaster qtr would have been pre-announced with as positive a spin as they could - and then announce the NTT and UUNET contracts. Since they did not do this, I think ASND felt (feels?) that they could still make the qtr or come close - hence the guidance resulting in most analyst's reducing estimates to $0.32-0.33 range. The first decline came in Q2 when UBS analyst played up the 56K issue. ASND still made the qtr, but just barely. Then the 8K, followed by the Europe certification issue. Anyone, has ASND EVER missed a qtr before by more than a penny or two? Their track record is excellent - why is everyone assuming disaster?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next