Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: Skeeter Bug who wrote (22556)	11/11/1997 7:53:00 AM
From: Sector Investor	Read Replies (2) of 61433

<<lamont, asnd is trading at 21 times next year's estimates. the going forward eps growth rate is estimated at 20%.>> The new CFO, Ashby has stated ASND WILL make $1.15-$1.20 next year. Based on that I make the going forward EPS at 19-20. I'm sure those are conservative numbers, ones they are SURE they can make.

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