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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST

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To: Riskmgmt who wrote (23891)11/18/1997 9:03:00 AM
From: Gary Korn  Read Replies (1) of 61433
 
Sounds reasonable if they make $1.22 in 1997. If they make the $1.15 or lower as some analysis are predicting-what then?

The consensus estimate is $1.05 for 1997. As I recall, the $1.22 figure is close to the consensus estimate for 1998.

Gary Korn
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