Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-0.9%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (30682)	1/16/1998 8:59:00 AM
From: Gary Korn	Read Replies (4) of 61433

ASND: JOSEPHTHAL LYON has reiterated estimate for fiscal year ending 12/97 of $1.03 on 12/31/97 ASND: OLDE DISCOUNT decreased estimate for fiscal year ending 12/97 from $1.06 to $1.05 on 01/05/98 Morning Glenn. Given that ASND has already earned .82/share through 3Q, the Josephthal Lyon estimate anticipates only .21 for 4Q. That is below guidance from the company. The Olde number of .23/share for 4Q (1.05 - .82) is just about what the company has guided, or perhaps a penny above? When the actual numbers come out, expect the company to do well, to not blow-away the numbers (they guided to about 290MM) but to see a decline in DSO, which will be a good indicator of health going forward. Gary Korn

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