Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 222.45

+2.3%

3:59 PM EST

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To: Immi who wrote (3294)	6/3/1997 12:48:00 AM
From: Tom Hays	of 61433

listen up boys. ASND is fully valued at $56 Does anybody think that the market will over price this stock after the most recent correction in the networks? FY97 earnings for ASND are going to be around $1.60 multiply this times it growth rate of 35% gives it a value of $56. The overall market has had a nice little run the last month. Do you guys think ASND will take a little breather down to $50 or maybe $45? Best case is FY98 $2.09 = full value at $73.15 Just my hunch Tom Hays Keep low and Keep moving

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