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Technology Stocks : Ascend Communications (ASND)
ASND 197.59-0.8%Nov 7 9:30 AM EST

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To: sea_biscuit who wrote (20845)11/3/1997 9:22:00 PM
From: Soumya De  Read Replies (2) of 61433
 
The announcement makes no sense whatsoever. If it is 10% measured from quarter to last quarter, then -- as some people have rightly pointed out -- the growth will be in excess of 40% anually. That is too optimistic!! On the other hand, if they are going to grow at only 10% anually, then they are no better than a utility company -- which they are clearly not. Either way U look at it, the announcement makes no sense. Somebody teach Ejabat English!!
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