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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Finder who wrote (20674)	11/3/1997 1:59:00 PM
From: James A. Shankland	Respond to of 61433

Then DJ muddles news (either intentionally or on purpose) to create a panic. Huh? I'm not seeing any panic. And how did DJ muddle news? This growth rate business is very unclear. If they mean 10% from one quarter to the next, that works out to be a 46% annual growth rate, which seems unrealistically high. If they mean 10% year-over-year (if that's the right term: I mean 4Q97 compared with 4Q96), then that's low, and would appear to be insufficient to support the stock's current valuation. And by the way, are we talking revenue growth or earnings growth? With price cuts coming, the latter is likely to be smaller than the former.