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


To: Gary Korn who wrote (28725)12/27/1997 1:46:00 PM
From: hitesh puri  Read Replies (1) | Respond to of 61433
 
Gary, one thing to keep in mind is that Ascends side of the business which is 85% RAS has seen a 40% decline in price/port thereby severely cutting margins and yielding lower earnings despite growing revenues.
That is a major concern to all whether that will continue further.
Cascade's business in that sense has been ok, margin wise, and also has been gaining strength due to the fact that they have exposure to Ascends customers also.

-hitesh



To: Gary Korn who wrote (28725)12/28/1997 11:26:00 AM
From: scott maragioglio  Read Replies (1) | Respond to of 61433
 
Gary,
Good job pointing that out, Barrons does the most piss poor research I have ever seen. I mean it's one thing to always be negative, but to consistently publish incorrect information like they do is amazing. I used to subscribe but stopped due to the total lack of any useful insight.

Scott



To: Gary Korn who wrote (28725)12/28/1997 11:52:00 AM
From: robbie  Read Replies (1) | Respond to of 61433
 
Gary, re:<<Can anyone find 4Q96 earnings for CSCC?>>

<<_Cascade Communications Corp_ , a global provider of scalable, carrier-class Frame Relay, Asynchronous Transfer Mode (ATM), Internet Protocol (IP) and Remote Access wide area network (WAN) switching products today reported results for the fourth quarter and fiscal year ended December 31, 1996.

Revenue for the fourth quarter increased 139 percent, to $110.3 million from $46.2 million recorded for the same period in 1995. Net income for the quarter increased to $23.4 million, or $0.24 per share, compared with net income of $9.1 million, or $0.10 per share, for the same period in 1995.(a)

For the 12 months ended December 31, 1996, revenue increased to $341.0 million from $134.8 million for the year ended December 31, 1995. Net income for fiscal year 1996 was $70.8 million, or $0.72 per share, compared to $25.4 million, or $0.28 per share, in 1995.>>

Robbie