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

To: blankmind who wrote (40135)	3/19/1998 12:47:00 PM
From: Peter Yang	Read Replies (2) \| Respond to of 61433

>>it is possible that the smart money knows something, but i doubt it, i think this is herd mentality. with 5 million shares sold and we are only down another 1/2. i do believe people believe asnd will warn, but they recently reiterated they will make the quarter. with the new products coming, we should be in for some wild times.<< blankmind, I have doubts about the earning. I remembered someone reported that ASND management was positive about the quarter, but they also said the quarter is not in the bag yet. They also mentioned that the quarter is going to be back-end loaded. Therefore, I would guess that if they're going to meet the estimates is mostly determined by sales in the March, which still got two weeks left. I also heard some analyst said (I posted before about this) ASND needs to close a few big orders in March to meet the number. The best we can say is ASND is optimistic that they'll be able to close the orders in time but the quarter is not in the bag yet and it's not risk-free (THE KEYWORD HERE is BACK-END LOADED).

To: blankmind who wrote (40135)	3/19/1998 12:57:00 PM
From: Joseph Colombo	Read Replies (1) \| Respond to of 61433

<<it is possible that the smart money knows something, but i doubt it, i think this is herd mentality.>> blankmind, This all looks like the garbage that goes on right around expiration. The difference here is we are in an uncertain market regarding the tech stocks. And for some reason the MM's take the uncertain tech stuff and bang ASND. I could be wrong, but I think next week it will all go away. Joe