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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST

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To: Sector Investor who wrote (27567)12/11/1997 12:18:00 PM
From: Think4Yourself  Read Replies (2) of 61433
 
<Actual growth almost certainly has to be significantly higher than that> (10%)

I tend to agree. In the last day or two I have seen a IDC (I think) report posted that said that industry growth is slowing to (a measly) 16%, and that they felt that there were only 5 or 6 companies that would grow faster than that. ASND was one of them.

This answers my own question posted several days ago about how the CFO could so flatly say they were comfortable with next years numbers.

(only 16%. sheesh, most industries wish they had that as their max growth rate!)

Ken
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