Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: The Phoenix who wrote (32675)	1/30/1998 5:22:00 PM
From: The Phoenix	Read Replies (3) of 61433

Folks, I just did a little excersise with the charts here on SI. I plotted Cisco and Ascend next to one another. If you build a chart at anything greater than 30 months it'll show Ascend - even at these levels - has accrued in value faster than Cisco. According to this ASND is overvalued...at 30 relative to CISCO. Since ASND still shows a net loss on the books it's difficult to compare other data such as PE. Any thoughts on this? Gary (not Korn)

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