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Technology Stocks : Ascend Communications (ASND)

ASND 209.11

-1.7%

Dec 26 3:59 PM EST

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To: Narotham Reddy who wrote (20706)	11/3/1997 3:02:00 PM
From: Bosco	Read Replies (2) of 61433

all - indeed, the wordings of the PR are very strange - wouldn't 10% growth from Q to Q for the next several (3 or more) Qs translated to a compound annual growth rate of 40+%? And well inline with the conventional benchmark of 30 - 50% growth of the sector? So, why is ASND mgt not saying so? While declining margin is of concern, it seems that PEG is still below 1. rgds Bosco

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