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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Gary Korn who wrote (35331)2/23/1998 3:03:00 AM
From: Joseph Pareti  Read Replies (1) of 61433
 
Hi Gary,
i'm comparing the target values set in the article
with ASND :

item---------------ASND----target
revenues-----------$1.1B----$3B
P/E/growth-------------------1
debt-to-capital----28%------<25%
R&D as
%of sales-----------15%------>7%

do you have an updated estimate of
the p/e-to-profit growth ratio ?

A question on GRF ; what 's your take
on it :

(i) in October 1997 you reported the con-call:
"GRF not a major contributor to revenues until
the 2nd half of 1998"

(ii) your bottom-line comment to the
Scottsdale con call with MSDW:
"GRF does not seem to be a super-high
priority as they several times said it
was on hold"

(iii)they (Mory or Ashby ?) said GRF grows
100% p.a.

Thanks

Joseph
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