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Technology Stocks : Ascend Communications (ASND)
ASND 208.49-1.2%12:32 PM EST
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To: Praveen K. Mandal who wrote (7871)8/1/1997 6:07:00 PM
From: Chuzzlewit   of 61433
 
Exactly! The problem is that a lot of PEG users don't analyze the relevant numbers, and end up with gibberish. Published P/E's are frequently wrong because they're based on FY, or trailing earnings, or expected earnings for the next FY.

Regards,

Paul
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