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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 206.29+3.2%Nov 13 3:59 PM EST
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To: Maverick who wrote (969)1/20/1998 5:30:00 PM
From: Gary Korn   of 1629
 
CC:

Ashby: Employee turnover peaked at 21 pct earlier, but has dropped and is now at normal levels.

Consensus in 1998 is 1.4B and 1.16/share. We are comfortable with these estimates!!!!

Low single digit in 1Q and increase each Q. 1Q is traditionally slow, exasperated by Asia. We expect to see operating expense increase in 1Q, so are comfortable with .25/share.

Now questions.
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