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


To: Ingenious who wrote (59343)1/19/1999 6:24:00 PM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 61433
 
Leland, there is nothing wrong with this report..ASND matched the numbers and exceeded in revenue growth with one less week of shipments. If a person is that dumb to read some stupid media headlines and make decisions, they don't need to invest in equity markets. They mught as well put it in Money market.

My point is any reasonable investor should understand what this means and look at the balance sheet and see that they had a great quarter.

It will be interesting to see LU earnins tomorrow, they will hold a bigger key than ASND. Conference call will also determine what will happen tomorrow.

It is ridiculous to think that ASND will sell off from reading ambiguous headlines. There is plenty of smart money looking to park in future companies.

Regards.

BR