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Technology Stocks : Ascend Communications (ASND)
ASND 211.81+0.6%10:29 AM EST
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To: uu who wrote (23073)11/12/1997 9:55:00 PM
From: Johnathan C. Doe  Read Replies (1) of 61433
 
Addi, lets see what the market gives, that is all I am looking at, not my fantasies. I never thought VST would go to 6, but it did and for no good reason other than two bad quarters. Ascend just had one bad one. Will we get two? If they warn in this market at the wrong time, a P/E of 8 might be doable. That is an educated position and a real possiblity. If you don't see it as possible, you are in love with this stock.
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