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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: Terrie who wrote (21034)11/4/1997 2:10:00 PM
From: mark alan rosenberg  Read Replies (2) of 61433
 
I talked to an Ascend PR person today. The statement of 10% q-q
sequential growth was NEVER uttered in San Diego. The Company
is comfortable with the Wall Street estimates for next q, 23 cents, and
$1.18/share for 1998 with $1.4 billion revs- 25%-28% revs increase over
trailing 12 mos.
I do like the fact that ASND is being realistic and conservative on
its approach to analysts. They are playing ball with the Wall Street
pros.
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