Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.40

+2.3%

Dec 10 3:59 PM EST

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To: Sector Investor who wrote (13701)	9/19/1997 9:50:00 PM
From: gbh	of 61433

SI, amazing that this guy kept his LT attractive rating given the severe earnings downgrade. How could it still be attractive given its 97 to 98 growth rate is now (according to his estimates) just 10%, yet the forward PE is 27.4x? Boggles the mind...

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