Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.52

-1.0%

1:26 PM EST

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To: Gary Korn who wrote (24234)	11/20/1997 7:35:00 PM
From: sepku	Read Replies (1) of 61433

>>>The impact is expected to result in an increase in primary earnings per share of $.02 and $.06 for the quarter and nine months ended September 30, 1996, respectively, and an increase of $.01 per share for the quarter ended September 30, 1997. There is no effect on the earnings per share for the nine months ended September 30, 1997 as the common stock equivalents are already excluded as they are anti-dilutive for such period."<<< So let me get this straight...for Q4 ending Dec 31, eps will be reported with an additional 2 - 6 cents due to a change in eps accounting law? Things are looking brighter already...management of course was aware of this already. I think there's a decent probability we will beat estimates for Q4. Great find, Gary. Style Pts.

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