Ascend Communications (ASND) Message Board

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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: Sector Investor who wrote (31330)	1/20/1998 11:16:00 PM
From: Gary Korn	Read Replies (1) of 61433

So, therefore I will state that earnings for Q1 WILL be $0.25. Sector, Yep. That is exactly what Ashby said in Scottsdale ("we will hit the high end [of guided expectations] each quarter, and save the rest for later"). (He also mentioned the .25/share figure). And again that is exactly what he said again today (.25/share for 1Q). (Though I think it is too early to take .25/share and cast it in stone...i.e., there is some upside potential.) Also, notice that the .25/share target is a 4.1% increase over this quarter. Again, that is precisely what mgmt has said: 1Q98 will be low single digits over 4Q. (Then, later, double-digit growth in 2H98). This is visibility. The question is what this level of predictable revenue growth will do for the stock price. Gary Korn

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