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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: blankmind who wrote (31348)1/21/1998 1:16:00 AM
From: Gary Korn  Read Replies (1) of 61433
 
1997 q1 was .31 , this year they are projecting only
.25 for q1 for 1998, but is this enough to attract
street attention?


Blankmind, compare 1998 numbers to 1997, given ASND
assumptions for growth in 1998 (including guidance
to 1.16 for FY98 and quarterly earnings growth of low
single digits, high single digits and then double digits:

Quarter 1997 1998

1 .31 .25 (4.2% sequential over 4Q97)
2 .31 .27 (8.0% sequential over 1Q98)
3 .20 .30 (12% sequential; 50% over 3Q97)
4 .24 .34 (13% sequential; 42% over 4Q97)
Total 1.06 1.16 9.4% over 1997)

Perhaps they will be attracting serious attention by 2H98
and/or perhaps the stock can at least idle or trend upward
slowly until visibility for 2H98 becomes clearer? (This
last possibility is consistent with the excellent prior
post by MWalsh)

I calculated the above numbers without seeing MWalsh's prior
post...yet they match exactly. I think this says something
about how clearly ASND is now guiding the Street.

Gary Korn
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