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

To: The Phoenix who wrote (43593)	4/10/1998 12:06:00 PM
From: Dennis R. Duke	Read Replies (2) \| Respond to of 61433

Last comment, honest. Cisco Full Year Revenues FY 1998 $8.157 Billion FY 1997 6.440 Billion Annual Revenue Growth rate 26.7% Ascend FY 1998 $1.400 Billion* FY 1997 1.100 Billion (approximate) Annual Revenue Growth rate 27.3% My point was and is that you are confusing Quarter to Quarter growth with annual growth. Both companies are forecasting growth at approximately the same rate. Which seems appropriate given they are in a some what similar industry. Gary, as an accountant I see this problem all the time. I am not picking on you, I just want to be clear that a growth rate the same a the industry "Gorilla" makes me feel better than thinking the growth rate is much less as you had presented it. Dennis * from Michael's guidance at the CC.