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Technology Stocks : Ascend Communications (ASND)
ASND 201.02-0.7%10:30 AM EST

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To: casey (guessed password) who wrote (17258)10/10/1997 7:38:00 AM
From: Tom Klempay   of 61433
 
casey,

And I disagree, "the future looks good." (Waiting for the last moment of the last day to warn of 'lower then expected earnings' was the last straw.)

Okay, so I was being nice. As far as their future prospects, I really do believe that since they are in a high-growth industry, if they execute as they have in the past, they'll do very well. As a user of their products, they can get some things right.

As far as waiting to the last day to warn, that was pretty crappy. You know that Mory and bunch had the memo drafted a week or two in advance and were just waiting to hear from the sales people to fill in the missing blanks. Close a big deal or two and its .20 to .22, maybe even .24. Don't close those deals and its .18 to .20.

-tk

Neither long nor short ASND, but a past shareholder and possible future shareholder (which is why I continue to follow this thread and ASND).
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