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


To: Jeff Jordan who wrote (43316)4/9/1998 4:42:00 PM
From: S. Chiang  Respond to of 61433
 
From Briefing.com: Ascend Communications (ASND) 39 13/16 -7/8: networking products company reports 4th qtr net of $0.26 a share, a penny above the First Call mean view. ASND earned $0.31 in the yr-ago. Quarterly revenues rose 4.1% to $305 mln; sees STRONG demand for network backbone systems for the remained of FY98....sees STRONG growth in consumer segment of business...

My friends, we'll never see ASND below 40 anymore :-)



To: Jeff Jordan who wrote (43316)4/9/1998 4:48:00 PM
From: Lutz Moeller  Respond to of 61433
 
Ascend Communications (ASND) 39 13/16 -7/8: networking products company reports 4th qtr net of $0.26 a share, a penny above the First Call mean view. ASND earned $0.31 in the yr-ago. Quarterly revenues rose 4.1% to $305 mln; sees strong demand for network backbone systems for the remained of FY98; sees strong growth in consumer segment of business....