Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: Sector Investor who wrote (20870)	11/3/1997 10:37:00 PM
From: sepku	Read Replies (2) of 61433

>>> I bet you'll see analyst estimates move to something like $1.25-$1.35. And 10% qtr to qtr growth should be worth a 36 PE and so a 12 month price target of $45-$50.<<< Which, incidentally, is Smith Barney's estimate (47) for the same time period. At least they gave a target...I'm more skeptical when they don't. Style Pts.

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