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Technology Stocks : Ascend Communications (ASND)
ASND 207.04+0.7%Dec 8 3:59 PM EST

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To: dky who wrote (12544)9/15/1997 10:49:00 AM
From: Taby   of 61433
 
To All,
Can you tell me why Bay Networks which is expected to earn 17 cents
per share is trading at $36, but ASND which is expected to earn 32 cents per share is at $34? Shouldn't ASND trade higher even if it earns 20 cents a share?
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