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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (28203)4/15/1999 5:15:00 PM
From: kathyh  Read Replies (2) of 90042
 
I'm not too sure I like the looks of this part from Rick's post... especially when looking at this chart...your thoughts?? Thanks!!

techstocks.com

Kathy

Meanwhile, Schopick expects Fore Systems will report revenue in the range of $170 million to $175 million and earnings of 12 cents a share, before extraordinary items. The First Call consensus is 11 cents. In the year-ago fiscal fourth quarter, the company earned 13 cents a share on $131 million in revenue.

By contrast, Ascend derives 90% of its revenue from sales to telecommunications carriers. As such, it is seeing strong growth in its business. Sagawa expects the company to report first-quarter earnings of 38 cents a share - 2 cents above the First Call consensus estimate - on $515 million in revenue. A year earlier, Ascend earned 26 cents a share on $305 million in revenue.
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