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Technology Stocks : BAY Ntwks (under House)

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To: RFF who wrote (4963)3/24/1998 9:43:00 PM
From: SMALL FRY   of 6980
 
RFF,

Re: So, how can BAY and ASND have the same valuation considering that BAY has twice the sales, a larger product line, better profitability, better future prospects.......

Cascade makes ASND extremely attractive... the potential is there. ASND is also making a lot of inroads...

You also have to bear in mind that "some" ASND investors were/are still hopeful that the old rumor of LU/NT/CSCO/CPQ buyout(take your pick) will materialize before the year is over. IMHO that in itself should anchor that stock around 35 (old rumored bid price) until the euphoria wears out.

Regards,
SF
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