Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.29

-2.2%

Nov 19 3:59 PM EST

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To: Joe Pirate who wrote (22047)	11/8/1997 2:09:00 AM
From: Inga	Read Replies (3) of 61433

Everybody seems to forget about the multi-year contract with NTT to build Japan's Internet infrastructure. Since ASND is the sole supplier of Japan, yes, sole supplier, the revenues will show up on the company earnings by March 1998 or possibly by this December quarter. The problems with current ASND stock prices are because Wall Street seems to focus on quarterly basis, not long-term. One bad quarter and the stock is trashed. Sometimes I cannot believe these prices from a company with such strong fundamentals and good revenue prospects. Ascend will recover in early 1998 provided that the company has to have at least 2 quarters which meet or exceed WS estimates to "undo" the credibility damages created by "irrational exuberance" from Ascend's management. I think the chance of recovery to 40+ around March 98 is more than 75%, to 50+ is more than 50%. Forget this stock from now until January 1998, we will be happier investors. Cheers with deep wounds. Lanny Dao

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