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

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To: M.A. Miller who wrote (11931)9/12/1997 11:39:00 AM
From: kahunabear   of 61433
 
M.A.

Yeah, nobody looks at current PEs anymore. That is one of the big problems with this market. You can extrapolate anything. Nobody seems to have a clue as to what they are going to earn this quarter, much less next year.

WS

(Obviously, I tend to lean toward the value side of investing)
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