Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 211.81

+0.6%

10:29 AM EST

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To: The Phoenix who wrote (51591)	8/5/1998 7:48:00 AM
From: Souze	Read Replies (3) of 61433

[Cisco] Actual net income for fiscal 1998 was $1,350 million or $1.26 per share for year ended July 25. Does this compare with ASND's projected $1.20/share earnings for y/e Dec 31? Or are the two numbers 'actual net income per share' and 'earnings per share' different measures? If the two measures are comparable, there's a great imbalance between Cisco and Ascend share prices, given the only 6 cent difference in 'earnings' and 5 month difference in fiscal year closing date. Am I misreading this?

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