Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 199.63

-1.4%

Dec 18 3:59 PM EST

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To: casey (guessed password) who wrote (17249)	10/10/1997 12:37:00 AM
From: Tom Klempay	of 61433

The original estimate was .36 And I think some may have been even higher, around .38, before downward revisions. It does amaze me when I hear that ASND missed estimates by a penny after having them reduced by 17 cents. My, what a short-term memory. Of course, this isn't specific to ASND, it seems that much of the investment media has taken this approach in reporting earnings. What I look at is year over year numbers and it shows no growth for ASND. This is not something that gets me excited about investing in this company. The future looks good, but right now, they're stumbling. -tk

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