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


To: Tim Luke who wrote (59449)1/21/1999 11:40:00 AM
From: Greg R  Respond to of 61433
 
Couldn't resist a bargain. Bought calls at the equivalent of $84.75



To: Tim Luke who wrote (59449)1/21/1999 11:59:00 AM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 61433
 
Tim, I don't understand why some brain dead morons don't do their own home work. Instead listen some stupid people writing articles in Barrons and WSJ.

Look at their stellar report.

three positives.
1. Improving gross margins 48-52%
2. THEY DEFERRED whopping 800 million revenues to the next quarter. Just like ASND, they already shipped but not recognized. As far as Iam concerned, that is sold. Had they recognized that recognized that revenue they would have anothegr 10-15 c earnings and along with anothet 10 % revenue growth.
3. International growth is 67% over last year. THAT SHOULD be noted by evryone. They are getting stronger abroad.

LU is a gift from idiots selling their shares today. LU is going to be lot higher in 12 months.

BR



To: Tim Luke who wrote (59449)1/21/1999 3:54:00 PM
From: Nazbuster  Respond to of 61433
 
Tim, I sold 400 of my 600 shares the other day (89 5/8) and my computer has been on the blink for two days. Tuned in at work just now to see ASND down to low 80's and just bought back 300sh at 82 3/8! I looked at the calls, but they are WAY too pricey so bought the stock.

This seems too good to pass up.