Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 3:59 PM EST

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To: hal jordan who wrote (28180)	12/17/1997 7:39:00 PM
From: Gary Korn	Read Replies (1) of 61433

Does anyone know the current PE of ASND? I think I'm buying tomorrow before '98 hits and '97 tax season is over. Based on FY97 earnings (without merger-related losses) of 1.06 (consensus), the PE (with ASND at 24 3/4) is now 23.3. Gary Korn

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