Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.91

-0.8%

3:59 PM EST

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To: John Green who wrote (1626)	1/17/1997 10:32:00 AM
From: Robert Scott	of 61433

Let's see - at $93 a share = 1998 trailing PE of 45 - growth in earnings from 1997 to 1998 = $.55 or 32% - makes alot of sense to me??? I suspect these earnings estimates are way low - if not, this stock will sell off big between now and then. As for the market reaction today - obviously excited by the new products - but that remains to be seen.

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