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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 9:30 AM EST

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To: Gary Korn who wrote (31327)1/20/1998 10:56:00 PM
From: Sector Investor  Read Replies (3) of 61433
 
Again, nice job Gary!

At first I was disappointed with the $0.24, but then I realized that this was EXACTLY what ASND guided analysts to this quarter. I think that this will be the case from now on.

So, therefore I will state that earnings for Q1 WILL be $0.25.
Not a penny more or less - unless Worldnet or other major contract is announced and Ashby utters a different number. This CFO will TELL YOU THE EXACT NUMBER well in advance, just pay attention.

Forget about Asia or anything else. NOTHING (well almost nothing) will take this earnings lower and only another major contract takes it higher.

ASND is now positioned so that if one sector slows down they have enough backlog to compensate. No more back-ended quarters, no more struggle to make earnings. So, there you have it.
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