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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST

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To: scott maragioglio who wrote (29482)1/7/1998 12:21:00 PM
From: username  Read Replies (1) of 61433
 
Scott and ALL RE:Gary Korn/Scottsdale Conference Update

I just got off the phone with Gary who gave me some notes and asked me to post:

The meeting with Mory was very low key, he was "very conservative" according to Gary.

After the meeting, several people "cornered" Mory and asked him some specific questions. One question was did he meet with anyone prior to the general meeting this a.m. and Mory said he had met with a group of investors. (Gary suspects this was the reason for the run on the open.)

In response to specific questions, (again according to Gary), Mory said the following:

Book to Bill is greater than one.
Ascend met their plan for the 4th quarter.
I'm [Mory] optimistic about the plan for 1998...that's about 30%

Gary said also there is a Q&A with Mory this afternoon which he will attend and give us a report on later today.

Please remember that I'm relaying info here, Gary will fill us in on specifics at his earliest opportunity.

I won't have a chance to respond to any posts for a while so over to you guys.

pete
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