Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 216.57

+5.9%

Nov 17 3:59 PM EST

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To: robbie who wrote (29025)	12/31/1997 12:12:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 61433

I am off a little in my numbers. I think there have been articles out there that said management was comfortable with $1.19 earnings in '98 and the one you posted which said Mory was comforatble with $1.45. Obviously I hope they are comfortable with $1.45. $1.19 for '98 versus $1.07 for '97 is growth of 11.2% so it wont help the stock price much if they are comfortable with that even if they make the numbers every quarter. How do you view the estimates, and what is management in fact comfortable with? I believe the statement was to indicate they were comfortable with $1.19. In eithercase, there is growth if estimates are made or exceeded. The market likes them today. Glenn

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