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

To: Moenar who wrote (21303)	11/5/1997 6:17:00 PM
From: Maverick	Read Replies (2) \| Respond to of 61433

Just heard on CNBC, ASND announced will have low teens to high single digit seq. growth That sounds music to my ear as 10% seq. rev growth is translated into 46.41% compounded annual rev growth. Math. Proof: (1 + 0.1) power 4 = 1.4641

To: Moenar who wrote (21303)	11/5/1997 6:24:00 PM
From: Kumar Nathan	Read Replies (1) \| Respond to of 61433

"high single to low teens" This is exactly they told some six months ago. They are doing it again? Regards Kumar

To: Moenar who wrote (21303)	11/5/1997 6:39:00 PM
From: Chi-X	Respond to of 61433

NEWS: TREASURER SAYS SALES 5-10% SEQUENTIAL GROWTH NEXT 2 QUARTERS. "We see revenue increasing in the mid- to high single-digit range for the next couple of quarters." o o o p s Cheers, Chi-X hath Spoken! "There shall be no wine, before its time." ------------------------------------------------------------------------ 18:11 11-05-97 ALAMEDA, Calif., Nov 5 (Reuters) - Ascend Communications Inc's <ASND.O> treasurer said Wednesday sales will increase between five and 10 percent each quarter sequentially for the next two quarters. Sequential revenue growth will increase closer to 10 percent in the second half of 1998, said Bernie Schneider, Ascend treasurer and corporate vice president. "We see revenue increasing in the mid- to high single-digit range for the next couple of quarters," he said. Schneider also said Ascend likely will cut the list prices of its access concentrators -- a telecommunications device that accounts for about 50 percent of Ascend's sales -- by 20 to 30 percent in the next few quarters. But the company expects to offset the price cut with a decrease in costs, he said. Ascend earlier this week told investors that consolidation among Internet service providers, its chief customers, is causing "fluctuations" in demand for its devices, but overall demand remains strong. "We don't believe that the fluctuations will impede our ability to show sequential growth," Schneider said. Ascend has seen its sales growth slow in recent months amid steeper competition and slower demand abroad. In the third quarter, the company's revenue and profits were significantly below what Wall Street expected. At the American Electronics Association conference in San Diego earlier this week, Ascend executives told investors they remain bullish about Ascend's long-term outlook, but sales growth may be slower in coming quarters than the rate of growth the company has reported in recent quarters. REUTERS 18:11 11-05-97