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Technology Stocks : Ascend Communications (ASND)
ASND 197.59-0.8%Nov 7 3:59 PM EST
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To: stockvalinvestor who wrote (21575)11/6/1997 4:35:00 PM
From: Gary Korn  Read Replies (1) of 61433
 
Single-digit growth, even if 7.5% sequential for all 4 quarters of 1998, would still be annualized growth of 33.5%. The company says growth will more like 10% per quarter in the second half of 1998, so the annual growth rate would exceed 33.5%.

After hours trading in ASND remains virtually non-existent. There was the typical trading until 4:05:34. Then nothing. There is one 200 share trade reported at 4:22:03.

Gary Korn
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