Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

-0.8%

9:45 AM EST

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To: Sector Investor who wrote (25667)	12/4/1997 4:41:00 PM
From: satish kamat	Read Replies (2) of 61433

Thanks SI. <Speaking at the Deutsche Morgan Grenfell technology conference in Laguna Niguel, Calif., Ejabat also said the company is comfortable with Wall Street estimates of $1.05 a share for 1997 and $1.45 for 1998, according to Michael Ashby, Ascend's chief financial officer> I guess the street liked $1.05 a share for 1997 and $1.45 for 1998 coming from Michael Ashby, instead of saying like COMS we are cooking books too at 56K speed. More trading opportunities ahead along with a double to triple within a 6-12 months.

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