Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 199.96

-0.6%

Nov 12 3:59 PM EST

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To: Cashin who wrote (21732)	11/7/1997 1:05:00 AM
From: Jimbo Cobb	Read Replies (3) of 61433

I'm not short (or long) ASND, and my only analysis for $16 is technical analysis. Although, fundamentally, it is still trading at very high multiples when you consider the major UNCERTAINTY over earnings for the near future...same situation with COMS. CSCO is the only one who keeps on getting it done quarter after quarter after quarter and that's why they deserve a MAJOR PREMIUM to these other would-be companies. Mark.

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