Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Spaw who wrote (15275)	9/30/1997 1:40:00 AM
From: Jeff Mills	of 61433

BTW, here are ASNDs trailing sales numbers. The big picture does not look all that bad IMO: 9-95 $40 MM 12-95 $60 MM 3-96 $91 MM 6-96 $123 MM 9-96 $154 MM 12-96 $177 MM 3-97 $202 MM 6-97 $311 MM <--- Includes CSCC revenues 9-97 $270-$280 MM <--- Guidance given by ASND Bottom line, ASND had a bad quarter, much like COMS did. For the first time revenues are going to shrink, rather than expand. Honestly, I think if you guys (and myself) can buy into ASND under $26 1/2, we have gotten a great long term entrance price. Why $26 1/2? Well, at $26 1/2--ASND is worth $5 Billion on paper. Below that, we are buying into one of the top 3 branded networkers in the world in the high $4 Billion market cap range. Great long term entry IMO. Best of luck to all. JM

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