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Technology Stocks : Ascend Communications (ASND)
ASND 206.70-1.2%1:42 PM EST

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To: gbh who wrote (47399)5/21/1998 11:21:00 PM
From: Dennis R. Duke  Read Replies (2) of 61433
 
Gary, wrote and asked me to contact ASND IR regarding Mory's low growth figures given at the Shareholders meeting. I a PM that I told Gary I would share I said:

I'll send an e-mail. I agree it was a concern for me, too. Especially since Mory in a side bar afterwards, was over heard saying that the statement was conservative.

Remember there were no press, no analyst, and just shareholders there. This was a smaller presentation group than any of the three analysts conferences for ASND that I have been to. So to say that a big group hear that comment is not correct. I sincerely believe the number of company people to outside shareholders were 1 to between 8 and 6, possible less. We are not talking a packed house here that is running for the phones.

At H&Q, they were literally running for the phones. I saw no one leave early or paniced here.

Gary, I will post this message to the thread, too. To cover anyone else's concern in this regard.

OT - P.S. My RDRT got a Strong Buy upgrade late this afternoon!!!


The above statements are IMHO only, And the hearsay as to Mory's subsequent comments could be confirmed by re-reading to previously posted analyst comments on ASND's growth prospects.

(-8 Dennis 8-)
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