Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.55

+1.2%

Nov 28 12:59 PM EST

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To: bucky89 who wrote (56220)	10/20/1998 1:31:00 PM
From: The Phoenix	Read Replies (1) of 61433

What's interesting is that Mory admitted (on CNBC today) that there was significant revenue this quarter from earlier loan debts. So, the .32/share earnings includes revenue being realized from earlier quarters. Could this be part of the reason that the stock is hurting. Seems to me, since we're managing earning here, that ASND would have been better served showing .32/share on current quarter sales then "additional unrealized earnings" from payouts on previous quarter debts owed. Comments? Glad I sold yesterday... :) OG

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