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Technology Stocks : Ascend Communications (ASND)
ASND 197.76+0.2%11:54 AM EST

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To: MR who wrote (20596)11/3/1997 7:21:00 AM
From: Robert Scott  Read Replies (3) of 61433
 
Stock is currently more than 67% off its high, sells for less than 4.5X trailing revenues and about 21X trailing earnings. If this company has a future which it should, these levels are very cheap. At the very least, it should track earnings growth from here on.
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