Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-1.0%

Nov 14 9:30 AM EST

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To: taxikid who wrote (21082)	11/4/1997 5:23:00 PM
From: sea_biscuit	Read Replies (2) of 61433

Even now, it is trading at close to 5 X sales. Still nose-bleed territory for someone like me! Just gives an idea of how enormously overvalued this stock had become. In fact, I would be selling at these levels! Assuming of course, that I had bought it at 1.5 X to 2 X sales...

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