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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: Riskmgmt who wrote (23932)11/20/1997 11:23:00 PM
From: Jack Whitley  Read Replies (2) of 61433
 
<<Sriram: That link doesn't work for me. However, whether it is $1.05 or $1.07 why is the stock worth 25 -40 times earnings as some here are claiming?

Does anyone have an answer,theory,opinion?>>

Voice Over IP. It is going to be huge, and it is going to need to grow very fast. Enough infrastructure buildout for multiple vendors to make serious money.

jww
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