Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

Dec 2 3:59 PM EST

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To: pass pass who wrote (22531)	11/11/1997 12:12:00 AM
From: Sector Investor	Read Replies (1) of 61433

<< 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?).>> Livingston's sales revenue is nowhere near that. Per the news release: "Livingston's annual sales are approaching $100 million, according to data in the SEC filing. Revenues for all of 1996 were $46 million;" LU paid about 8-9 times sales - ASND would go for no less.

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