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Technology Stocks : Ascend (ASND) descending?
ASND 208.98-1.8%Dec 26 9:30 AM EST
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To: Matthew Shapiro who wrote (287)7/2/1996 1:52:00 PM
From: David Farrell   of 313
 
To take your suggestion one step further,

What happens when the day finally arrives (we all know it
will, the question is when) that Ascend becomes a big company
and merely meets estimates, settling down into a stable future
of high (but not explosive) growth.

As we know, the stock price basically reflects an extremely high
growth rate. Is a crash in Ascend inevitable someday, or is it
possible to settle into their future more gently (once earnings
growth rate decelerates)?
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