Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.91

-0.8%

3:59 PM EST

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To: Gary Korn who wrote (29279)	1/4/1998 12:26:00 PM
From: Sector Investor	Read Replies (1) of 61433

<<but instead will cap sales at 280MM-300MM.>> Gary, I hope this was a typo. Anything less that the $290M they have already indicated comfort with, would be a disaster, IMO. I think they will come in around $295M-$300M and save the rest for 1998. I'm looking for $0.25-$0.27 this quarter, which would start a nice upward trend without compromising the future. You have to keep in mind that ASND WANTS their price higher now, not only for buyout price purposes, but so they can reward employees and use their stock to acquire other companies themselves. This dictates a bit extra on the top/bottom lines THIS quarter, IMO.

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