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Technology Stocks : Ascend Communications (ASND)
ASND 196.11-0.8%3:59 PM EST

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To: Bald Man from Mars who wrote (20788)11/3/1997 6:04:00 PM
From: Chris Anderson  Read Replies (3) of 61433
 
Has anyone figured out this 10% business yet? I think the statement said 10% per quarter sequentially from now on. That adds up to greater than 40% growth from now on. What worrys me is the starting point, which is now, which is very low earnings and revs.

Another take on this is 10% per qtr over last year's qtrs. This would add like this:
(.1 X qtr1) + (.1 X qtr2) + (.1 X qtr3) + (.1 X qtr4) =
.1 X (qtr1 + qtr2 + qtr3 + qtr4) =
.1 X last year =
= 10 % growth year over year
I hope the first intterpretation of ASND's comments is the correct one

Chris
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