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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST

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To: Potato Farmer who wrote (15276)9/30/1997 2:05:00 AM
From: Gary Korn   of 61433
 
If ASND is now only capable of earning 20 cents a quarter, and
is suddenly not growing faster than the overall marketplace, how much is ASND
worth to a value player?


Pete F.,

Your analysis is excellent (way beyond what I could do). However, what if ASND is capable of earning more than 20 cents a quarter? Factor in delayed euro sales hitting in Q4, UUNET in Q4, some NTT, a s/w fix finally for the MAX TNT 56K problem, and you could have a real barnstormer in the last quarter of this 1997. I don't know why this couldn't happen.

Also, there has been a lot of discussion about backloaded quarters. What about a back-loaded year???

Gary Korn
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