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

To: Sector Investor who wrote (26535)	12/5/1997 8:22:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 61433

re: His statement that he is "comfortable" with $1.15 for 1998 is a pretty bold statement to predict a year out, don't you think - particularly being new and after a bad Q3? I was thinking the same thing. Either he knows something or his statements can't be trusted. Dows anyone know if this guy has a history of being a straight shooter? Ken

To: Sector Investor who wrote (26535)	12/6/1997 10:28:00 AM
From: Gary Korn	Respond to of 61433

Stock performance of network stocks and wannabees since ASND reported 3Q earnings on Ocober 9 through Friday, December 5, 1997: Stock 10/9 12/4 %gain(loss) p.e. CSCO 81 7/8 89 3/8 8.4 51 NETG 21 3/16 21 1/2 1.5 -- TLAB 58 56 ( 3.4) 42 XYLN 23 3/8 21 5/8 ( 7.5) 44 LU 88 7/16 81 ( 8.4) 96 FORE 20 15/16 19 ( 9.3) 70 XIRC 12 1/8 10 15/16 ( 9.8) -- NT 109 3/16 95 7/8 (12.2) 34 ASND 33 1/8 28 15/16 (12.6) 26 (assuming 1.10 FY97) PAIR 29 1/2 22 15/16 (22.2) 34 MADGF 8 3/8 5 15/16 (29.1) -- BAY 41 28 15/16 (29.4) -- NN 65 3/8 42 7/8 (29.8) 48 SHVA 14 9 11/16 (30.8) -- MRVC 38 25 1/4 (33.6) 35 COMS 55 5/16 36 7/16 (34.1) 31 CS 33 3/4 15 3/16 (55.0) 10

To: Sector Investor who wrote (26535)	12/7/1997 1:14:00 AM
From: Tech97	Read Replies (1) \| Respond to of 61433

Sector, >>His statement that he is "comfortable" with $1.15 for 1998 is a pretty bold statement to predict a year out, don't you think - particularly being new and after a bad Q3? I'm sure this COULD NOT have happened if he wasn't looking at strong evidence, i.e. signed contract, (probably handed to him as he took his coat off on the first day).<< I agree with your observation. Based on my experience in this profession, Ashby's statement that he is "comfortable" with Q4 and FY98 results would only be made if bookings (ie. contracts) support this. Otherwise, because of the pending lawsuit, he would have been advised by legal counsel to state that results are on track. I wouldn't be surprised of an upside surprise in Q4 earnings of between .26-.28 per share