Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.41

+1.4%

1:36 PM EST

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To: Gary Korn who wrote (21194)	11/4/1997 11:10:00 PM
From: Sector Investor	Read Replies (4) of 61433

A tale of two stocks - CSCO and ASND It was the best of days, it was the worst of days On the throne of LAN sat one stock with a current year PE of 40+ and a PS of 9. On the throne of RAS sat another stock with a current year PE of 23 and a PS of 4.5. The king of LAN had revenue sales growth the past 4 quarters of 10.9%, 3.5%, 6.7% and 5.9% for an annual growth of 30.2% The king of RAS has revenue sales growth the past 3 quarters (counting Q4) of 11.1%, -13.2% and +10% and a projected annual growth of 46% The king of LAN announced a 3 for 2 stock split. The king of RAS with half the PE and PS, and higher sequential growth going forward declined to another new low. What the Dickens is going on?

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