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Technology Stocks : Ascend Communications (ASND)
ASND 212.50+1.5%Dec 24 12:59 PM EST

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To: blankmind who wrote (38462)3/9/1998 12:28:00 AM
From: Gary Korn  Read Replies (1) of 61433
 
Another good post from Tom Kurlak on the Motley Fool:

If you listen to the conference call after the 4th quarter numbers were out, the CEO/CFO sure sounded a lot more positive going forward. They stated that a lot of the software/hardware problems seems to be fixed now and that they had hired a lot more Quality Assurance Engineers to ensure better quality products in the future. Also, the CFO stated that going forward Revenue will be up Sequentially in single digits for the 1st/2nd quarter and double digits the next two quarters.

I am a firm believer of Revenues driving stock prices. If that is the case, I think we will see more upside on the stock in the second half of this year. Historically, the networkers are at their weakest during the 2nd quarter...
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