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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%3:59 PM EST

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To: Moenar who wrote (16264)10/4/1997 7:08:00 PM
From: Glenn D. Rudolph   of 61433
 
Why all these analysts are reducing next quarter and next two years earnings. I was under impression this quarter was an abberation due summer slowness in Europe, one week seminar for merging employees and some bug probles with TNT and 56k The analysts clearly do not believe management. Also, an analyst is despised if they recommend a stock that does poorly. People forget about the stock they did not buy due to analyts' cautions. The analysts really have no idea what is going as far as Ascend is concerned until earnings for DSO and back log. Also, the conference call will help. Glenn
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