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


To: The Phoenix who wrote (43609)4/10/1998 2:20:00 PM
From: Dave Colp  Read Replies (2) | Respond to of 61433
 
Another positive article:

msnbc.com

I'm wondering if the average small investor will jump on
board due to headline articles like these?



To: The Phoenix who wrote (43609)4/10/1998 8:15:00 PM
From: Dennis R. Duke  Read Replies (3) | Respond to of 61433
 
It would seem that you post but don't read the ASND thread. ASND has said since last October, when Bernie said it at an investment conference before Michael was hired, expect mid single digit growth in Q1, higher single digit in Q2, and double digit in Q3 and Q4.

Recalculated that way and the growth rates are about even between Cisco and Ascend at around 27% annually.

But we know that the GX550 sales were pushed into Q2. So an upside surprise on ASND is very likely and would put it over Cisco's growth.

Dennis