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

To: john p. carney who wrote (20677)	11/3/1997 2:01:00 PM
From: mark alan rosenberg	Respond to of 61433

OK- This is probably a story that came out from the Analysts meeting in San Diego this weekend. Reuters got the story and half-truthed it. Ploy? Knock stock down, to buy in for the privy, is there a buy-out looming? Mark

To: john p. carney who wrote (20677)	11/3/1997 2:08:00 PM
From: James A. Shankland	Read Replies (1) \| Respond to of 61433

Thanks, John. OK, so they're saying: -- 10% revenue growth per quarter (==> 46% annual??) -- uneven profit performance due to price pressure I'm still not sure about that first item, which sounds inconsistent with the rest of the story (slowing demand, consolidation, etc.). If they really mean 10% annualized revenue growth, then I think only acquisition prospects support the current stock price, which, btw, is now 26 1/2. But to repeat myself, I think acquisition is now a necessity, and likely.