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


To: joshi who wrote (27786)12/12/1997 6:31:00 PM
From: Larry Myers  Read Replies (2) | Respond to of 61433
 
Joshi,

This story has been public since 12/2/97 and poses no threat to Ascend. It is just a nuisance suit common to all tech companies. Insurance usually covers such matters if they have any merit and usually such "crybaby suits" lack merit.

LJM



To: joshi who wrote (27786)12/12/1997 9:01:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
ASND: FURMAN SELZ decreased estimate for quarter ending 03/98 from $0.39 to $0.28 on 12/03/97 ASND: FURMAN SELZ decreased estimate for quarter ending 06/98 from $0.43 to $0.30 on 12/03/97 ASND: FURMAN SELZ decreased estimate for quarter ending 09/98 from $0.46 to $0.32 on 12/03/97 ASND: FURMAN SELZ decreased estimate for quarter ending 12/98 from $0.52 to $0.35 on 12/03/97 ASND: JOSEPHTHAL LYON has reiterated estimate for long term EPS growth of 50.00% per year on 12/04/97