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Technology Stocks : Ascend Communications (ASND)
ASND 217.34-0.1%11:58 AM EST

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To: gbh who wrote (56107)10/20/1998 12:37:00 AM
From: Kent Rattey  Read Replies (2) of 61433
 
<The remote access sales grew 29%
from the prior quarter and rebounded to nearly half Ascend's
revenue stream.>

How does this happen? This reverses the revenue trend of the last few quarters, which have shown increasing domination by the Cascade ATM business. A pretty sudden turn around in remote access without any prior mention from management(that I can recall). Did they explain this on the conference call?

I think the street is still a little suspicious of ASND, and we're heading a little south from here. What happened to any surplus that would be reported in the third quarter? If their hiding revenue and paying patent infringment money to LU, they can't be expecting to be acquired. I guess I was hoping for a little more than a penny.

Kent
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