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Technology Stocks : Ascend Communications (ASND)
ASND 201.08+2.6%3:59 PM EST

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To: Tim Luke who wrote (31162)1/20/1998 4:23:00 PM
From: Sector Investor  Read Replies (2) of 61433
 
<<Sh*t is going to hit the fan tomorrow!!!!!!!!>>

Turn off the bathroom fan first, Tim <VBG>

More on IBM diluted earnings

New accounting rules went into effect 12/15. The # is now $2.11.

CNBC Kernan is questioning whether all analysts were using the new technique (whatever it is). to get the diluted number. I guess if not, their ests may have been high.

Any accountants here to tell us what the new rules are? ASND could also be affected.
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