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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: Chuzzlewit who wrote (60939)4/28/1999 7:32:00 AM
From: MikeM54321  Read Replies (1) of 61433
 
"In any event, it is non-cash and has nothing to do with operations this quarter and should be eliminated from analysis."

Chuzzlewit,
Thanks for the explanation of the contra-expense. I had an inkling of what the, "reallocation of negative goodwill," meant, but you completely cleared it up.

Now, if I am reading it correctly, the $.46/share is the figure that will be used to base future fundamentals on. So it's not something you would just want to eliminate from analysis. ASND will be showing an Earnings/Share(trailing 12 months) figure of $.11/share soon, instead of $.01/share(figure without the special reverse charge).

And, even though details prove otherwise, it makes for a nice visual jump up on the quarterly earnings charts and tables. Something a lot of today's investors go straight for in their analysis.

I guess all I'm saying is I feel that ASND could have placed more emphasis on the $.46 figure by bringing it into the first paragraph. All IMHO.
MikeM(From Florida)
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