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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%Dec 8 3:59 PM EST

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To: James A. Shankland who wrote (15635)9/30/1997 3:42:00 PM
From: J. Stone   of 61433
 
James:

Nice post.

One other thing current investors/traders need to consider is what this quarter's numbers will actually be. ASND has said $0.18-.22, but what happens if ASND comes in at (or, gasp, below) the low number?

Likewise, has ASND stated a lower range, when in actuality we will see a number above 0.22? I'm long ASND (and feel comfortable looking forward), but I am holding off a bit before I average down on this issue. We still may be in for yet another surprise...

regards,

JS
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