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Technology Stocks : Ascend Communications (ASND)
ASND 212.50+1.5%Dec 24 12:59 PM EST

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To: Tim Luke who wrote (59449)1/21/1999 11:59:00 AM
From: Bindusagar Reddy  Read Replies (1) of 61433
 
Tim, I don't understand why some brain dead morons don't do their own home work. Instead listen some stupid people writing articles in Barrons and WSJ.

Look at their stellar report.

three positives.
1. Improving gross margins 48-52%
2. THEY DEFERRED whopping 800 million revenues to the next quarter. Just like ASND, they already shipped but not recognized. As far as Iam concerned, that is sold. Had they recognized that recognized that revenue they would have anothegr 10-15 c earnings and along with anothet 10 % revenue growth.
3. International growth is 67% over last year. THAT SHOULD be noted by evryone. They are getting stronger abroad.

LU is a gift from idiots selling their shares today. LU is going to be lot higher in 12 months.

BR
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