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


To: The Phoenix who wrote (43595)4/10/1998 11:44:00 AM
From: William Vu  Read Replies (2) | Respond to of 61433
 
To ALL: Some my thoughts about ASND. In late November,
when ASND traded at $24-$25, someone posted that ASND revenue
growth quarter to quarter is projected at "high single digit
or
low teens", I remarked that this is a very good growth rate
and recommended to buy ASND.
I found the earning report of ASND regarding the earning per share
of $0.26 to be good, even better than I expected ($0.25).
However, the revenue growth rate was only 4.8% which is much
lower that "high single digit or low teens".
Taking into account the fact that the earnings numbers are easily
manipulated, in contrast to the revenue number, I have a (little)
suspition that the earning number may have been "managed".

William



To: The Phoenix who wrote (43595)4/10/1998 12:00:00 PM
From: Joseph Colombo  Respond to of 61433
 
Gary,

A very good analyst with the last few posts.

Good info.

Joe



To: The Phoenix who wrote (43595)4/10/1998 10:43:00 PM
From: Jose A. Almodovar  Respond to of 61433
 
Gary, I am long on ASND but will jump in and out based on volatility. I think the earnings and conference call are very positive when compared to the current environment. Look at BAY,COMS,CS,NN etc..

Stay long and buy on the dips, I see strong growth for ASND in their markets.

Regards