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Technology Stocks : Ascend Communications (ASND)

ASND 209.02

-0.7%

Nov 24 3:59 PM EST

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To: Mighty Mizzou who wrote (55578)	10/8/1998 9:22:00 PM
From: gbh	Read Replies (1) of 61433

I infer this to mean that Dell IS forecasting a bad year in the future. The market does not like uncertainty!!! Well, whatever he said, they must have liked, a lot. His stock rallied almost 8 points from when he gave this little chit chat. Dell has 9% market share. This company's growth will not slower for another 2 years, at least. Somewhere in the 45% range. Now, whether the market decides to reward this level of growth with a 65 to 75 PE again remains to be seen. But the growth will be there. I'm banking my early retirement on it. :) Gary

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