Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.11

+1.9%

1:38 PM EST

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To: Gary Korn who wrote (16283)	10/3/1997 4:57:00 PM
From: Jeff Jordan	of 61433

Gary, We are all speculating the relevancy, but here's the link by C/NET/Intranets by Ben Heskett 10/3 12;05 pm pt I believe his pharagraph concerning earnings being 33% below street expectations that is causing difficulty? If it was .36 for the qtr. then whats 33%...below that. The pre annoucement was more..if I'm missing something please let me know? This news item is not from the company. <"It may come at a good time for the company, due to the recent announcement of reduced expectations for its fiscal third quarter. The company said in a pre-announcement that earnings would fall about 33 percent for the quarter, which ended September 30. >" Is he misquoting what the company said? Or Does about 33% mean .18 not .11???? news.com Jeff

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