Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 225.57

-5.4%

1:18 PM EST

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To: Dennis R. Duke who wrote (47401)	5/21/1998 11:42:00 PM
From: djane	of 61433

To the thread, I also have e-mailed and left a voice mail message for ASND IR to request a clarification of Mory's comments today. I'll let you know as soon as I hear anything. Dennis Duke confirmed that he heard the same statement -- 15-30% industry growth and 10-20% ASND growth. If I recall correctly, these figures are much lower and inconsistent with prior statements in the conference calls and by Ashby that sequential growth would be in the high single digits in 1H98 and low teens in 2H98. If Mory's statement is true, the sequential growth would be 2.5%-5%, which doesn't seem logical at all given the strong growth in the Cascade portion of the business and continuing analyst upgrades. So, I believe the numbers stated today are wrong or incredible low ball numbers, but I want ASND to clarify it. djane

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