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Technology Stocks : Ascend Communications (ASND)
ASND 206.71-0.9%12:39 PM EST
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To: Chuzzlewit who wrote (15289)9/30/1997 2:07:00 AM
From: bob zagorin   of 61433
 
old wall street saying might be relevant here.

"bases are made on time not price"

ASND has a lot going for it long term but it will not be able to command its old multiples until it demonstrates that it has regained its growth curve. most wall street analysts subscribe to the "cockroach" theory...when you see one bad q, you're likely to see more.
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