ASND - longterm investors with short term worries Message Board

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Technology Stocks : ASND - longterm investors with short term worries

ASND 205.98

0.0%

Oct 29 3:59 PM EDT

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To: Evan Dimmer who wrote (52)	11/6/1997 7:49:00 PM
From: P.M.Freedman	of 67

ASND is a value playing. Let's compare with CSCO. Assume that you had one share of CSCO that is worth $ 84.69 at current market price. This $ 84.69 made you $ 0.59 as earnings last quater. However, if you use this $ 84.69 to buy ASND at today's price ($ 24.81), you may have bought 3.41 shares of ASND in hands. Since ASND will make $ 0.20 per share, you can totally receive $ 0.68 as earnings while you spent the same amount of money. It will be 15% more than what you got from your investing in CSCO. It is very simple and clear.

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