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

To: Patricia Trinchero who wrote (49893)	7/14/1998 5:09:00 PM
From: Father E.	Read Replies (4) \| Respond to of 61433

I think these earnings are actually lousy. The right to take charges out of the numbers at whim and then leave them in later shows how silly and duped the analysts are. If you look at the press release last year second qtr they said earnings was 31 cents before charges on earnings of 62.4 million dollars. this year earnings is 59,085 million (apples to apples) Which means earnings is down over 5.25% from last year same quarter. Where is the earnings growth? Why should this stock get a growth multiple? earnings is down and not up!!. IMHO it is a sin that the analysts let co get away with charges and let them leave it in there from a previous year.