Marshall, the ASND reaction to 4Q results supports what you said,
>>...a few cents either way will not be all that significant, but what is said in the conference call will...<<
ASND's stock shot up 5 pts not because of beating earnings estimates by 2 cents, but rather on what was said in conference call. To wit,
>>>>... Commenting on the Company's performance for the fourth quarter of 1996, Mory Ejabat, president and chief executive officer of Ascend said "We are very pleased to report continued growth in revenues in the fourth quarter, particularly given that for the quarter we did not record any revenue for our newest products, the MAX TNT and the GRF 400, and in addition during the quarter we announced a 30% price reduction for our Pipeline products." Mr. Ejabat also stated "Customer interest in the TNT and the GRF 400 is very strong, and we expect that each of these products will contribute to the business in 1997. Full production shipments of the TNT commenced in December, and we expect production shipments of the GRF 400 to commence either late in the first quarter or early in the second quarter of 1997." ...<<, from
techstocks.com
Now, if newly appointed USR president would say something equivalent, viz.,
'... we are pleased with results especially in light of not having included revenue from our newest x2 product line, the million plus concentrator-ports being purchased by AOL and other ISPs, and our soon to be announced 'Net Pilot' product which will connect our faithful SI investors to the internet from any location in the world, will all significantly contribute to 1997 results.'
-- we would then see a similar move in USRX price.
Regards,
Tulvio
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