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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.6%3:59 PM EST
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To: Dennis R. Duke who wrote (47434)5/22/1998 9:31:00 PM
From: MMW  Read Replies (1) of 61433
 
Hi Dennis,

I wouldn't surprise for ASND has given a conservative estimate
guidance for future growth. I think the best thing for company to do
on share holder behave is to meet expectation. I don't mind they
surprise share holder on the upside earning report. Last lesson to be
learned was at least in my view:

1) Know your business and do a good job of forecasting;
2) Always be conservative. Look at MSFT learn how to deal with public.

As a share holder, we need to be patient. And given the company a
chance for their newly adopted strategy to work. And be a long term
investor. The short term thinking always put me in wrong side of
making money.

Cheers!
Mike
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