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Technology Stocks : Ascend (ASND) descending?
ASND 213.290.0%Jan 2 9:30 AM EST

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To: Paul Barr who wrote (240)6/26/1996 7:53:00 PM
From: Roger Brown   of 313
 
Paul:

Keep in mind how fast earnings are growing...

As of 12/31/95 and using the prior 8 quarters, they had year over
year EPS growth of 188%.

As of 3/31/95 using one quarter later, they have 220% growth...

How many companies have have 9 straight earnings records that
kill the prior quarter's numbers...

To think that ASND's present PE of 122 is 44% below its earnings
growth shows that at this price you can't lose much (unless of
course the EPS momentum suddenly changes course).

However, CSCC has a present PE ~ 20% above it's earnings growth.

To have the same balance as ASND, CSCC would have to have a price
of a mere $26....

If not for TLTK, ASND is the best bargain at these prices if you
want to minimize risk (esp. for the long term holder) and
maximize gain....Let the numbers do the talking...

CIAU...Roger
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