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Technology Stocks : Ascend Communications (ASND)

ASND 209.98

+4.3%

Dec 11 3:59 PM EST

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To: D.E. Lee who wrote (60929)	4/27/1999 6:12:00 PM
From: Chuzzlewit	Read Replies (1) of 61433

Watch it: the results are quite good not as good as they seem at first blink. If you adjust for the purchased R&D reversal (presumably the result of the sale of Stratus assets), operating income increased to 115.8MM for the quarter -- 50.6% yoy. This is a less than the percentage increase in revenues. TTFN, CTC

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