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Technology Stocks : Ascend Communications (ASND)
ASND 216.57+5.9%3:59 PM EST

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To: username who wrote (42340)4/6/1998 12:57:00 PM
From: dykerted  Read Replies (1) of 61433
 
How about this logic:

If earnings were built into ASND @39+ then
they are getting built out @37.5ish.

Therefore, meeting/exceeding earnings
with favorable cc brings stock back to
40ish on Monday+. This is what made it
39+ in the first place. Actually, the security
of knowing (vs. speculating) the number was made adds a
premium to the price.

Has anything fundamentally changed
since last Thursday?

Negative surprise is obviously another story.

Am I being too simplistic here?
Any comments?
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