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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST

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To: Glenn D. Rudolph who wrote (20388)11/1/1997 2:03:00 PM
From: mark alan rosenberg  Read Replies (1) of 61433
 
Glenn:
The stock being $27, how do you read into this? It looks like
at the average consensus, we are trading at 21-22 PE, against
1998 EPS.
Mark
Is this perceived value. Growth estimated around 35% per annum,
more than industry standard.
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