Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.15

-1.5%

Nov 20 3:59 PM EST

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To: Andreas Samson who wrote (21456)	11/6/1997 10:49:00 AM
From: Greg Jung	Read Replies (1) of 61433

Andreas that sounds about right - if the growth objectives are achieved. What they are based on, is anybody's guess: planned expansion of its customers' capacity? Market share x market growth ? Or a fortune teller in New Orleans. The growth expectation is ambituous but attainable, provided they can execute the technology, make the sales, and nothing happens to divert economy from its rosy growth scenario that seem to be back in vogue this week. The price deserves a stiff discount to your estimate because of the uncertainty surrounding these issues. Too bad I'm holding some. Greg

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