Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.70

-1.2%

1:42 PM EST

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To: Dennis R. Duke who wrote (47401)	5/21/1998 11:50:00 PM
From: djane	Read Replies (1) of 61433

To the thread, I also want to clear up any confusion I may have unintentionally created in my summary about the order of Mory's comments. During the Q&A portion, he made the 15-30% industry and 10-20% ASND growth statement. After the presentation, some shareholders (including Dennis and I) went up to the front and listened to Mory informally talk to some people. In this conversation, I overheard someone ask him about the above numbers. Mory responded that it was a very conservative estimate and "we learned our lesson" last year. It was not part of the official presentation by Mory to the shareholders. I do believe it will ultimately be a tempest in a teapot. But, it's important to nail down the truth. If ASND is hit tomorrow, I know that I'll be ready for a nice gift entry point. djane

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