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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: Gary Korn who wrote (14677)9/27/1997 12:27:00 PM
From: Emile Vidrine   of 61433
 
What happens to the stock price on 10/10 if ASND earnings come in at 24cents, the lowest estimated by an analyst?

Every spot and wrinkle on Asnd's backside are known. The negatives have been repeated and magnified ad infinitum ad nauseum, while positives are totally disregarded or quickly glanced over. The full range of possible earnings disappointments have been scrutinized. The large guns have been fired--Barron's hack job today being the latest. If the earnings come out at .24-.31, I believe their will be only minor fluctuation in price. If earnings come out at .32-.36, we should see significant upward improvement. I might be in the foggy world of make believe, but I am still looking for 40 sometimes next
week. The "enemy" has used the last of its ammunition. We are in the low ground loaded with ammunition(contracts, products, growning markets and market share), and the high ground is ours as soon as our foces realize the "enemy" is toothless. IMO, the only thing that can stop our forces from taking the hills and mountiantops in the next few months is an unknown Trojan Horse in our ranks. Let us hope that the first hill is not Little Round Top.

Emile
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