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Technology Stocks : Ascend Communications (ASND)
ASND 211.20+1.0%Dec 29 3:59 PM EST

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To: Gary Korn who wrote (38634)3/10/1998 6:39:00 PM
From: Tech97  Read Replies (1) of 61433
 
Gary,

I find it unusual that ASND will be filing its 10K on or about April 9. Annual reports on Form 10-K are required to be filed within 90 days after the end of the fiscal year which for ASND will be no later than March 31. Automatic extensions of due dates of periodic reports are available (up to 5 calendar days for quarterly reports and up to 15 calendar days for annual reports) if all or any portion of the report cannot be filed timely without unreasonable effort or expense. I'm curious as to the reasons for delaying the filing of the 10-K. (conformity with the date of the 1st qtr press release is not a justifiable event for a delay). Hopefully Michael or Bernie will call back and better explain this.

Tech
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