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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 219.06+6.2%11:33 AM EST

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To: blankmind who wrote (1219)2/21/1998 12:35:00 PM
From: George T. Santamaria  Read Replies (1) of 1629
 
<McCain: Not to mention it's 5.5 times revenues, 43 times cash flow. Sanders: There are lots of
people in the communication business and there are lots of products. When one company is
making a lot of money, that just gives someone else an incentive to come up with even better
products. Ascend is not necessarily in a sustainable position....>

43X Cash Flow? Yahoo quotes it as having a P/S of 5.77. This is typical Barrons' journalism.
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