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Technology Stocks : Ascend Communications (ASND)
ASND 209.35-1.4%3:59 PM EST

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To: Kumar Nathan who wrote (22015)11/7/1997 9:33:00 PM
From: pass pass  Read Replies (2) of 61433
 
Anyone familiar with Shiva? I just checked its profile since it's also in the remote access buz. It's current p/s ratio is 2, if this is the market valuation, then ASND should be $13.

Now if remote acess is now only half of ASND business after CSCC merger, and if the new ASND is twice as strong as the old ASND in terms of products and services, then ASND should be valued at $26. If ASND and CSCC have no chemistry at all and self-distruct, then ASND will drop below $13.

Since recent releases from ASND put a lot of emphasis on ATM and FR, and the new CFO is a merger&acquisition expert, I expect the chances for the marriage to work out are good. Therefore, ASND at $26 is a good buy and should be stablized in that neighborhood.
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