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

To: username who wrote (30961)	1/18/1998 4:13:00 PM
From: gerard mangiardi	Read Replies (1) \| Respond to of 61433

Hey guys, I think, to be a little serious for a moment, that the street is already looking for earnings of .24 to .25 a share and a number below this will be a disappointment. If the company reports anything above this we'll see a lot more upgrades in the next few weeks and a 20% move up in the stock price. By the way I would guess that the upgrades that came last week are a result of expectations of .26 or .27 a share next week. Remember analysts like to low ball targets so they don't look too stupid if projections are lower than they truely expect.