Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.87

+1.2%

3:07 PM EST

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To: Paul Shread who wrote (52519)	8/21/1998 3:14:00 PM
From: Jan Crawley	of 61433

A forward PE of 20? How far forward? They haven't earned more than 30 cents in a quarter in a long time. Projected next quarter earnings $.30 Earning per share anticipated from Sept 98 to Sept 99 $1.6 to $1.8 Assinging a conservative annual growth rate of 30%, here is your very conservative $45 per share, without any LU/Asnd considerations....

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