Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 202.91

-3.9%

3:43 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Korn who wrote (22515)	11/10/1997 11:48:00 PM
From: pass pass	Read Replies (3) of 61433

Gary, you suggested a means to find out "true" value of ASND. Go to livingston.com and you'll find that company has 200 people. ASND has currently about 800 people? So let's assume Livingston's sales rev. is 1/4 of that of ASND, i.e., 250 million dollars, thus, LU paid <3 times sales (with cash). So maybe ASND's market value is $17/share (cash, hello GTE?). LU's purchase means it didn't want to buy ASND or can't afford ASND now. If it has no plan to buy ASND after July, 1998, then very likely LU is ASND's strongest competitor. I guess the market has figured that out and punished ASND accordingly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next