Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.23

-4.2%

Dec 2 3:59 PM EST

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To: Dennis R. Duke who wrote (39535)	3/17/1998 2:07:00 PM
From: lin huan chen	Read Replies (1) of 61433

Dennis: I agree with you about CSCO. From 1992 to 1998, CSCO has never had P/E higher than 52 and they had higher growth rate then. So the obvious conclusion is CSCO will not go much higher any time soon. ASND has a fair value of 35 (JMO), it needs some time(maybe 2 Q) to move higher if no buy-out. Lin

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