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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST
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To: Inga who wrote (23996)11/19/1997 9:01:00 AM
From: Joseph Pareti  Read Replies (1) of 61433
 
thanks Lanny for the illuminating thoughts.
However ...

>The numbers and computations you got from Ray Smith are misleading.

I got the numbers from
ultra.zacks.com

>Note the progressive improvements in both % change of
>revenues and
>net incomes. I do not see any major deviations
>from the 5-year fundamentals.

I agree until Fy1996. As of fy1997 the earnings flatten out.
Are you sying this is a consequence of last quarter shortfall
(eps=20 cents ) and the eps curve would resume its trend ?
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