Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: Chi-X who wrote (24172)	11/21/1997 12:51:00 AM
From: Gary Korn	Read Replies (1) of 61433

Chi-X, I was looking through old posts and happened to see the following from you. You deserve credit for being so perceptive back on 9/29 (when ASND closed at 35 1/4): To: Patriot (15091 ) From: Chi-X Monday, Sep 29 1997 9:37PM EST Reply #15099 of 24261 Analyst downgrades to come. The middle to lower 20's is a very real possibility. This is not the last bad news before earnings are released. Now we gotta wait for the analyst downgrades and downward revisions to reflect ASND hitting between $0.18 to $0.20 at earnings. Current estimates are at an average of $0.31.

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