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


To: Gary Korn who wrote (38616)3/10/1998 9:00:00 AM
From: Jeff Jordan  Read Replies (2) | Respond to of 61433
 
Inca 34-36 1/4 I guess we should open around 35 1/6?

I hope the worst is over, I sure didn't like the weakness yesterday...
I thought the volume was good in the morning before the slide....I hope the bargain hunters come out today....SMOD is way over sold.

Jeff



To: Gary Korn who wrote (38616)3/10/1998 10:54:00 AM
From: Dennis R. Duke  Read Replies (1) | Respond to of 61433
 
According to an e-mail this morning the Earnings Release date has been moved up to April 9th, after the close of market.

I could not get confirmation yet on when Mory speaks at the Los Angeles thing, but he is speaking at the JPMorgan conference at Laguna Niquel at 1pm PST on this Friday the 13th.

MAX TNT is on schedule to be announced 2nd half 1998 with shipments beginning in early 1999.

Goldman conference was presented on March 4th, for a little historical perspective. I had asked the question much earlier, but IR was so busy getting ready for conferences I did not get an answer until today. Did we see any good price action that day. I forget....

Dennis

P.S. If this market wants to overvalue internet stocks when will they turn to internet infrastructure stocks? The run in YAHOO, SEEK Amazon.com, etc. is impressive, but in my opinion unwarranted. I liked the comment on CNBC by a guest analyst this morning, "you can't disappoint when you don't expect to have earnings..."

So, if you don't forecast earnings then missing from .32 to .20 you won't get your ass handed to you like ASND's was. Now I don't understand this!!!