Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Darren who wrote (48808)	6/16/1998 10:24:00 PM
From: Immi	Read Replies (2) of 61433

Darren what is DCF?. Bay was sold at a 35% premium. So, lets take ascend price at 50, and add 17.5 that makes it 67.5. Now, this is without the second's half sequential quarterly growth, impact of TNT II, and the next generation of TNT's etc. Looks like I am greedy, why not. I have ascend for over a year now with break even at bout 40. Darren, if you have 3 plus years experience in investment banking then could you explain what DCF is, and all the reasoning behind that price. Regards, Immi

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