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

To: Sector Investor who wrote (35539)	2/20/1998 12:37:00 AM
From: Gary Korn	Read Replies (4) \| Respond to of 61433

You expected anything less? I've been sure of this pattern for weeks. Currently, I think ASND will report $0.25 (low) to $0.26 (high) and most likely the latter. My feeling is that they are in full control - even though RAS/RAC is not really strong yet all over (Europe looking strong I hear). Sector, This is precisely what I expected. I thought it warranted to report recent IR confirmation. As to the numbers, Ashby said that he will hit every quarter and save the excess. However, in each of the last two quarters, 3Q and 4Q, they have demonstrated a desire to exceed the mean by about 2 cents, or at least aim for the high end of the range (with a 2 cent limit). That being the case, and as ATM is coming on strong earlier than anticipated, I predict that the actual excess (over the average estimate) will be greater than before, to say 3 or 4 cents/share. As the average estimate is now .25/share, I predict diluted 1Q earnings of either .28/share (most likely) or .29/share (next most likely). I would bet a Guinness that diluted earnings will exceed .25 or .26/share. Gary Korn