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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 3:59 PM EST

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To: Scott who wrote (14964)9/29/1997 6:41:00 PM
From: Gary Korn   of 61433
 
you need growth expectations to come up with real
valuations..A year ago ASND was trading on an eanings mutible that was assuming
50% growth..I'm hoping we are at 20%...


Scott, you are 100% right-on. Perhaps, I hope, it will be easier to grow at a higher rate from a lower base. The existing announced contracts should help that, shouldn't they?

Gary Korn
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