SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MikeM54321 who wrote (60940)4/28/1999 8:11:00 AM
From: Chuzzlewit  Read Replies (1) of 61433
 
Mike, as an analyst, I will tell you that my focus is on recurring operating earnings and cash flow. What the market looks at is another story altogether. From my analysis it is quite clear that ASND had a very good quarter.

From an analytical perspective, what we like to do is to strip off the effects of Stratus that occurred in the base periods (either last quarter or the comparable quarter last year) that no longer exist this quarter. These effects consist of both revenue and expense items. This is typically segregated in such a way that you will find a section called "earnings excluding discontinued operations". In that way you get an "apples to apples" comparison. Unfortunately, from what I saw, ASND did not segregate discontinued operations, and so it becomes a little more difficult to analyze.

TTFN,
CTC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext