Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.00

-0.6%

Dec 16 3:59 PM EST

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To: Sector Investor who wrote (50119)	7/16/1998 8:07:00 AM
From: Yamakita	Read Replies (1) of 61433

"This would seem to explain Ashby's conservatism." I don't think the idea of downplaying /not announcing new contracts explains Ashby's conservatism. It's that Mory has really seen the light as far as how the Street really works. I really think they have learned their lesson from the plunge last fall, and the behavior that led to that plunge (i.e., being way more optimistic than Ejabat had the right to be) won't be repeated. There is much to be said for the Greg Maffei way of handling analysts: play down to the most believable extent possible future expectations about the stock during the cc, and ALWAYS deliver more--how much more will vary--than they are expecting. No more surprises folks. I think Ashby understands that on some deep level. We're not really disagreeing, it's just that that mode of conservatism will continue with or without LU, and isn't necessarily influenced by keeping some kind of artificial lid on the stock price just to appear more attractive to LU.

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