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: K MAC who wrote (19532)	10/28/1997 8:25:00 PM
From: mark alan rosenberg	Read Replies (1) of 61433

K MAC: OK. Valuation is the most important thing. The co. earned 20 cts/shr reported for the Q ended Sept. 30, 1997. The 10-Q still has not been filed, but I thought I saw somewhere that the 3rd Q still had a sizeable restructuring charge that was factored in. I personally thought that the report was a good one, and appeared to be more of an "upside surprise". They are still chewing off the Cascade merger, and hope it is being digested well. If the co.s have synergy, this has got to be a winner down the line. The co. in the next 12 mos. will be doing well over a billion in sales, with good margins. So, we trade at a 5.5 billion market cap. That's not bad, considering the revs. and growth. If ASND appears overpriced, it's because all great co.s have been overpriced. It would look cheap to a SUITOR. Mark

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