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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: Think4Yourself who wrote (27895)	12/15/1997 4:40:00 AM
From: Joseph Pareti	Read Replies (1) of 61433

that 's exactly my understanding, 35 - 40 bucks a share would be a shame. >The industry growth is slowing >to 16% next year. Ascend is one of the few >players expected to grow faster than the >industry. Ascend's earnings estimates are >currently based on 10% growth >(Ascend guided >analyst short term expectations >down a month ortwo back). this puzzles me though. Is this larger growth rate a sustainable one or rather reflecting "back-loaded quarters" and hence compensating the 3Q1997 shortfall ?

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