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

To: Tom Klempay who wrote (56119)	10/20/1998 11:12:00 AM
From: bucky89	Read Replies (1) \| Respond to of 61433

Just remember, you can only count on this $$$$ if/when they get paid. James Cramer has a writeup on theStreet.com about the junk financing market being very tough right now which is probably why Ascend had to get into the "financing" business to get this deal through. When you're competitors (probably Newbridge...) are doing it, you have no choice but to follow suit. Wouldn't you? The rest of ASND's quarter looks pretty solid. Ascend earned $0.40/share this quarter. They played accounting tricks to defer $0.08 to next quarter. Perhaps they see some downside to next quarter (SRA acquisition costs & Asia problems), and want to be safe. But the reality is ASND earned somewhere in the range of $0.40/share in Q3. bucky89 bucky89