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

To: thebeach who wrote (31372)	1/21/1998 10:12:00 AM
From: Father E.	Read Replies (1) \| Respond to of 61433

I listend to the conference call and I looked at the numbers. Notice how they compared the numbers to last quarter instead of the same quarter last year? I assume they did it because the numbers don't look very good compared to last years numbers. I was not impressed by the analysts on the conference call's performance. Why didn't they ask for a more comparable accounting? No one asked about possible seasonality. The guy from Salomon tried so hard to open the door for them to say something positive (I guess 'cause because he just upgraded them) it was pukeable. If he licked any harder we would have to do invasive surgery to pull him out. Anyone that could read financials him/herself could see that the numbers were not good. Gross Margins were down from LAST YEAR 4th qtr by 130 basis points and operating income was down over 1,000 basis points. Where is the turnaround? I never heard a CEO read so fast on a CC. Almost like those leagal parts to car ads. YUCCCCCCCCCCCCCCCCCCK!!!!!!!!!!!!!!!!!!!!!!