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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: Moenar who wrote (21303)11/5/1997 6:17:00 PM
From: Maverick  Read Replies (2) of 61433
 
Just heard on CNBC, ASND announced will have low teens to high single digit seq. growth
That sounds music to my ear as 10% seq. rev growth is translated into 46.41% compounded annual rev growth. Math. Proof:
(1 + 0.1) power 4 = 1.4641
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