Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: Kumar Nathan who wrote (22489)	11/10/1997 9:33:00 PM
From: pass pass	Read Replies (1) of 61433

Yes, this stock is heading to $13 which gives price/sales ratio of 2. I'll average down by then using my Christmas bonus. What ASND shoud do now is to hire the best engineers, the best managers from CSCO or COMS or LU, using stock option. At this price, I'd love to join the company and see my stock option value triples in couple of years. Cisco pays $70k salary for an engineer and he gets about $125k/year or so from stock option plan. But if I'd take ASND offer if both companies offer same dollar amount of shares.

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