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


To: John Meares who wrote (41388)3/28/1998 8:06:00 AM
From: Glenn D. Rudolph  Respond to of 61433
 
When does the earning report get released??

The date is on the thread but I do not recall. I know Gary Korn know for certain. I will ask him.

From the posts I gather that the "posters" expect pennies above estimates.

I have noticed this too. I suspect they will not exceed estimates. I suppose I disagree with many opinions.

If this is a
common belief, do you think that belief is already factored into the price of the stock?


I do not believe exceeding estimates is already priced into the stock. I like to compare the stock price of COMS to ASND and I find the street gives COMS a better valuation for their earnings or lack thereof. Ascend is coming into favor and I do believe there is a lot more upside if I am incorrect and earnings are exceeded.

I cannot give a price target because I do not know what the street will do. This years has been too unpredictable to try and guess the street.

Glenn