Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Clare who wrote (35787)	2/22/1998 11:45:00 AM
From: Larry J.	Read Replies (3) of 61433

Clare, *****OT*** Honestly I'm not qualified to go toe to toe with you on the merits of CS's products vs. CSCO, ASND, or COMS. Steven Richard just did a very good job on a previous post. I'm strictly looking at fundamentals and a risk / reward profile that fits my "value-based" approach. I am not recommending that anyone do anything based on what I say in this forum. I was basically shooting the sh on a rainy day. Basically, CS currently trades at the lowest multiple of any of the large networkers. I believe the sell-off was overdone. They have taken steps to increase their product offering through acquisitions, and there seems to be a steady stream of rumored buyouts from NN, LU and the like. Additionally, CS is winning some major contracts as evidenced by the 2/20 press release: biz.yahoo.com A $250 million contract with four one-year option periods totaling a potential of $1.25 billion over the next five years is not too shabby. I guess the DOD likes CS's inferior products pretty much. I think the downside is about $13, and upside into the low $20's at least. I'm sure that CSCO products are superior in most respects to CS's, but with that comes a big big premium on its shares. As long as CS's share price appreciates at a faster clip than CSCO's (which I believe it will)I could really care less whose got the better mouse trap. Larry

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