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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: uu who wrote (21335)11/5/1997 8:09:00 PM
From: sepku  Read Replies (3) of 61433
 
>>>Todays news is sort of covering themselves, giving the impression that the growth will be more in the 6%-10% instead of $10%-15%!<<<

No, "high single digits to low teens" implies: 6 -- 14%. Prior to this statement, yesterday Ashby stated "10% Q/Q growth" but added that this would not necessarily be linear, but more or less 10%. Not misleading at all, and in-line with yesterday's projection. In fact, it was prudent for Ashby to give some slack by pointing to a range rather than just one number.

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