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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST

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To: Sector Investor who wrote (20444)11/1/1997 11:46:00 PM
From: Larry J.  Read Replies (2) of 61433
 
Of greater significance than Mr. Schneider's confirmation that October revenue was greater than $62 million was his comment that the quarter will not be back-end loaded.

This statement considered in conjunction with his mention of being comfortable with $290 million in revenue and .23 per share infers that the distribution of revenue and earnings will follow a more normal pattern.

I recall several posts following the 8K release mentioning what these percentages were. I'd like to do the calculations if anbody has these figures. If I were to hazard a guess, I'd say that Octobers revenue was probably $80 - 85 million with EPS of .07 - .08.

I believe that an earnings surprise (to the upside) is in the making.

Larry
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