Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Peter Yang who wrote (37903)	3/5/1998 10:17:00 PM
From: Gary Korn	Read Replies (2) of 61433

>>Instinet do 24hr trades, they just report than ASND was trading down 2 3/8. Please correct me if I am wrong. According to Analysts, with the News from CPQ, INTC, and now MOT, there will be big sell off tomorrow. Sounds reasonable to me and I am getting ready to shop. But I won't buy ASND until they can reassure us on their earnings. There have been lots of street talks that ASND will be shy of it's 1st Quatre earnings.<< How much truth is in this guy's statement? Peter, Zip, zero and zilch: 1. NASD futures are flat to up a bit. Japan and Hong Kong are flat to up a bit. So, if there were to be a big sell off tomorrow, you could not predict it by the numbers so far. 2. The MOT story was largely known before it was released. 3. ASND IR assured me several weeks ago that 1Q would be just fine. If this YHOO poster had been reading any of the ASND press releases of late, he would realize how unfounded was his statement that .25/share might be in any sort of trouble. (I stick by my earlier prediction of .28/share). Gary Korn

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