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Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST

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To: Gary Korn who wrote (37910)3/5/1998 11:10:00 PM
From: FUZFO  Read Replies (1) of 61433
 
ASND IR assured me several weeks ago that 1Q would be just fine.

Gary, I tend to believe this Q1 will be in good shape but if I'm not mistaken I remember last September that ASND IR was reassuring the Q3 numbers were on target right up until they warned. I called them in Aug/Sep time frame and my impression was that the people who answer the phone really know very little about the actual health of the company. Like they get a script from their supervisors and tow the party line until told otherwise, and thier opinions on making/not making the quarter changed in 1 day. Think about it, would phone secretaries be privy to what goes on beyond the oak doors down the marble halls, amidst the smell of Cuban cigars and VSOP brandy snifters? Only Mory & Micheal know the answer to the 64 million dollar question, and they're not talking. I'm just a bit pessimistic about IR.
Kind Regards,
Fuzfo
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