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Technology Stocks : Ascend Communications (ASND)
ASND 201.78+0.7%10:23 AM EST

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To: Ashley Campbell who wrote (16405)10/5/1997 11:21:00 AM
From: Glenn D. Rudolph   of 61433
 
I'm hoping they threw everything in and lowballed the 18-20 estimate. In which case, maybe we'll see results a bit better and the stock price will go up...hoping but not counting on it. Ashley, I agree with everything you said except this paragraph. I hope they put almost nothing into this quarter and come in with even the 18 cents would be fine. The 18 to 20 cent price is factored. The market will start looking at quarter 4 and if none of the UUnet or the NTT contract has been booked for quarter 3, we have a large back log. We do not need to wait for quarter 4 results to get upward stock movement if this is the case. Time will tell and I wish us both luck. Success here really rests on management. Glenn
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