Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.29

0.0%

Jan 2 9:30 AM EST

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To: Sector Investor who wrote (8516)	8/11/1997 5:47:00 PM
From: Networking for 21st Century	of 61433

>Tobia, the Montgomery analyst, If I remember correctly Montomery analyst were rated best last year and Tobia recommended ASND throughout this year with caution by lowering estimates. So what he is saying now seems to be true, I trust him rather than other UBS guys. We may see 35 cents for the next quarter. I am glad to see that Tobia didn't lower estimates by a lot. If Ascend can make 35c for the third quarter then with $1.36 for 1997 it's PE will be 45/1.36 = 33, not bad for Ascend Cascade combination which is expected to grow at 30 to 50% rate . BIG question is can they make 35 cents in this quarter ???

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