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


To: Larry J. who wrote (21334)11/5/1997 9:29:00 PM
From: kvogel  Respond to of 61433
 
New earnings estimates for ASND. Assume 8% growth in Q1 and Q2 of '98, 10% in Q3, and 11% in Q4. Sequential earnings will be multiplied by 1.08 in Q1, 1.17 in Q2, 1.28 in Q3, and 1.42 in Q4. This means 1997 earnings will be up by 24% for 1998 assumming earnings track revenue growth. If you take First Call estimate of $1.06 for 1997 this gives $1.31 for for 1998 in agreement with Zacks number in post #21334 on this thread. The 40% number sited by some people on this thread is comparing Q4 to Q1.

Karl