Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

3:59 PM EST

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To: Buddy S. who wrote (40415)	3/20/1998 8:19:00 PM
From: Larry J.	Read Replies (2) of 61433

I'm with you Buddy, it has been a long week. I agree entirely regarding ASND needing to beat the number by a couple of cents along with a positive outlook for the second half. Just look at last quarter, the number was met and the stock traded lower. I have no concerns that ASND will miss, as Ashby was brought in to rebuild credibility and exercise fiscal management following the mishandling of statements and numbers last summer. As was posted earlier by Dennis and Pat, management recognizes the critical need to achieve the number in order to gain confidence and move the stock. Ashby has basically confirmed that the quarter is fine. I believe that shipments / revenue have been / are very carefully orchestrated looking at several quarters at a time. Analysts have been guided accordingly. I just hope that there are a couple of extra cents to tack on to the quarter for that extra shove it will take to gap up and garner upward estimate revisions. Short term, COMS' report on Monday is also key to break the downward trend. I'm not counting on it, but I sure hope they surprise. Does COMS report before or after the bell? a good weekend to all, Larry

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