Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.71

-0.9%

12:39 PM EST

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To: Jeff Mills who wrote (14908)	9/29/1997 5:25:00 PM
From: vegetarian	of 61433

Actually now looking at the revenues they have projected it seems ridiculous that the management did not warn earlier when the estimates were about 38c, because now they are expecting between 18-20c for the Q. The shareholders (like Finder for example) who were complaining about the management had a perfectly valid point. One would really have to be an ultra-optimist to hope some miracle would make them meet Q estimates when they were running so short. The only positive for the management is that they have at least warned before the release of earnings. Earnings of 18-20c without warning would have painted a real bad picture for the management. Those who thought 24c earnings were too low (when somebody-Maverick?) posted it and 28 was an impossible price to attain will hopefully learn their lesson (then again may be not because it had happened to other networkers before).

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