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


To: joemjo who wrote (27807)12/13/1997 12:31:00 AM
From: Larry Myers  Respond to of 61433
 
Todd,

I share your concerns and expectations for ASND. My criticism is aimed at the analysts and certainly not towards your question. It seems strange to me that analysts set bogus earnings expectations for companies and when those numbers are not met the company gets whacked when in fact the failure was on the part of the analysts for setting the bad numbers in the first place. So much can happen in tech companies in just one quarter that to set numbers a year out is like throwing darts.

Best to you,

LJM