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

To: djane who wrote (49895)	7/14/1998 5:04:00 PM
From: Dennis R. Duke	Respond to of 61433

Let's see if they shipped product like the 550 last quarter that we can't get a revenue number attached to. Waiting on the conference call to begin now.... The music has stopped.... Dennis Opps, they crossed over CC and now went back to music...Yuck Intro time with a Chicago voice.... Bernie kicks off with usual stuff, intros Mory, who immediately say he is not in discussions with AFCI, that He does not even know the President or CEO of AFCI and is not in any discussions....addressing the rumors before any CC details!!!

To: djane who wrote (49895)	7/14/1998 5:32:00 PM
From: gbh	Respond to of 61433

djane, the CC should give indications about held back earnings. Generally speaking, I'd say if they state things like "comfortable with next quarter" then I'd assume some sales they may have been able to take this quarter, were pushed out. Gary

To: djane who wrote (49895)	7/14/1998 6:50:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 61433

<<Hitesh. Good call - as usual. Your sources are impeccable.>> C'mon Djane. 1 penny over ain't no great strokes to predict - it's been the pattern for a while now. I haven't listened to the CC yet, or read up on the thread (won't be able to until after Midnight, as I'm playing in a pit orchestra for a musical play this week). Did Ashby raise guidance for Q3 or Q4?

To: djane who wrote (49895)	7/14/1998 8:33:00 PM
From: hitesh puri	Read Replies (2) \| Respond to of 61433

I can tell you that they did hold back a penny or two for this Q3 which is softest in the year due to Europe's siesta time. Bought back my July 50 calls that I had written 2 weeks ago today. Lets hope that was the right thing to do. Looks like it but then you know these manipulators. My read on INTC was also on the money. Things are bad over there for next 3 quarters in terms of earnings due to competition, lack of high end processor demand, pricing pressures. Looks like my Jul 80 covered call will not excercise there. -hitesh