Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.29

-2.2%

Nov 19 3:59 PM EST

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To: Tim Luke who wrote (24382)	11/22/1997 10:48:00 AM
From: Jeff Jordan	Read Replies (1) of 61433

I just dusted off my crystal ball so I could give everyone the monthly highs for the next 6 months: Tim, I don't believe you are adjusting for P/E multiple variables? If CSCO were trading @ our P/E, they would be trading @ $41 5/8? Ascend will trade easily in the $40(32x) in Jan. If Lucent or anyone makes an announcement maybe $60?(48x) very quickly. I'm looking for management to front load/back load this quarter to give WS a shock. IMHO (pissed off Mory Theory) Besides, sentiment changes very quickly on WS. 6 months is forever there. JJ

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