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


To: Mark Duper who wrote (56156)10/20/1998 9:58:00 AM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 61433
 
These Idiotic analysts have become analysts, since they don't really understand how to do business. If they do they would start some thing useful and productive, instead of trying to analyze and MISINTERPRET the facts. THE FACT IS ASND IS VERY CONSERVATIVE IN REVENUE RECOGNITION. I would rather have them be bold and tell us what they are doing upfront than NEGATIVELY surprise BY BOOKING FALSE REVENUES like CUC from CENDANT. Remember those CUC analysts never figured that one until it was bought by HFS and Mr. Silverman revealed the BOGUS revenues to the street.

My point is ASND is doing fine, you will only have POSITIVE surprises from now.

Good luck.

BR



To: Mark Duper who wrote (56156)10/20/1998 10:00:00 AM
From: hitesh puri  Respond to of 61433
 
Nikos T, the analyst was explained in a very dire and condescending tone by Ashby regarding these write downs because he kept on pestering Ashby with silly questions.
Even analysts have egos. Nothing about ASND pleases them. Imagine what they would do if Cisco would try that.
How amazing that they are ignoring the positive outlook and future of the business and concentrating on a small accounting issue of 8.7 million ?

-hitesh