Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.30

-1.8%

Jan 6 3:59 PM EST

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To: djane who wrote (59807)	2/7/1999 5:30:00 PM
From: Bindusagar Reddy	of 61433

Welcome back, djane. You made 7.5 points right off the bat. Good luck..I think LEHMAN brothers and DLJ missed on LU and they are loading up now. They are talking about valuations of LU. It is a market leader and should command a PE of 40 on next years earnings of 2.50-2.75 easily, when companies like DELL a stupid box maker has PE of 90+ and KO with declining earnings has PE of 50+. These morons always find a weak market condition to throw caution so they can accumulate for their accounts. All the folks sitting over the edge trip and fall only to regret. Only losers sell ASND here with 7.5 points of arbitrage diff. Unbelievable. BR

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