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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST
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To: Homan Kian who wrote (21641)11/6/1997 9:07:00 PM
From: bob yahnke  Read Replies (1) of 61433
 
Homan, PE stands for PAST EARNINGS. Pricing presures will reduce future net earnings which will raise the PE higher and higher and higher.
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