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Technology Stocks : Ascend Communications (ASND)
ASND 202.23-4.2%3:59 PM EST
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To: Chuzzlewit who wrote (7843)8/1/1997 5:16:00 PM
From: Praveen K. Mandal   of 61433
 
> Praveen, if you're going to calculate a PEG it must be
> based on the next four quarters, not the next
> fiscal year. Nevertheless, your conclusion holds.

Paul, that's true and it applies to P/E ratios as well
if you're using forward looking P/E to compare against
other companies...

I was trying to make a point that just looking at a P/E
ratio doesn't do you any good... you need to normalize
it to the growth rate.

Good luck to all.

- praveen
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