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

To: sepku who wrote (24232)	11/20/1997 7:28:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

Style, Did you see this in the 10Q: "In February 1997, the FASB issued Statement No. 128, Earnings per Share, which is required to be adopted on December 31, 1997. At that time, the Company will be required to change the method currently used to compute earnings per share and to restate all prior period. Under the new requirements for calculating primary earnings per share, the dilutive effect of stock options will be excluded. The impact is expected to result in an increase in primary earnings per share of $.02 and $.06 for the quarter and nine months ended September 30, 1996, respectively, and an increase of $.01 per share for the quarter ended September 30, 1997. There is no effect on the earnings per share for the nine months ended September 30, 1997 as the common stock equivalents are already excluded as they are anti-dilutive for such period."