To All,
I was at the Montgomery conference, just back, and listened to all the networkers presetations.
In regards to ASND's presentation, the gut was very bullish on the company and prospects going forward. He also said that the company was comfortable with 4th quarter estimates and next year estimates.
In regard to pricing pressures. He said that there were pricing pressures, which was not unexpected, but the fact that ASND was incorporating their NETSTAR acquisition at the same time, made the summer quarter more difficult. In fact, as we now know, ASND had a great summer quarter. He also mentioned having customers buy product on the internet, as a promising development, which in turn would lower costs.
Going forward he said that ASND's biggest concern is managing their growth, but that is all the networker's worries.
He also said, that the are still looking to maybe make an acqusition or two.
Overall, he was very positive. In fact, all the networkers were very postive. |
