Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 220.58

+5.0%

Dec 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stock Guru who wrote (12231)	9/13/1997 6:36:00 AM
From: Andy Riedel	of 61433

This is pure bull__it. Let's say all the analysts worst "nightmare" predictions come true and that Ascend earns only 31c this quarter, that still leaves them on track to earch $1.30 for the year. Do you really think that ASND with its stellar track record is fairly valued at a PE of 18? A fair value for this stock is $80 which will prove itself out when earnings are announced. The reason Mory and the boys haven't felt compelled to speak is that they have nothing new to say. They said early in the quarter that they are comfortable with estimates. The company and management have a good enough track record that I for one believe them. They will meet previously unreduced estimates of 36c. Andy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next