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Technology Stocks : Ascend Communications (ASND)
ASND 218.50+6.9%10:05 AM EST

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To: Machaon who wrote (25277)12/3/1997 12:04:00 AM
From: HammerHead  Read Replies (2) of 61433
 
<< Lest us not forget that ASND said they were comfortable in making the estimates. >>

I hope Ascend's mgnt would come out and repeat their comfort with the estimates if they are still comfortable. It happened to Creative Tech some quarters ago, right after Dimond Mutimedia announced the earnings warning Creative Tech came out and conforted the investors that they will meet the estimates. On that day, DIMD tanked and CREAF jumped.
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