Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: sepku who wrote (21221)	11/5/1997 12:53:00 AM
From: Chi-X	Read Replies (2) of 61433

Now this new CFO hired 4 days ago (Friday) today says that ASND will do around $280 million and will meet 1998 estimates. Yesterday an ASND treasurer said 10% sequential growth meaning just about $300 million this Q. Oh, and 3 months ago around August 1st, Mory, the CEO, was proclaiming "No slowdown in sight" then a couple months later announces ASND's first earnings warning. What's the deal? I think the ASND has a major credibility problem. Cheers, Chi-X hath Spoken! "There shall be no wine, before its time."

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