ASCEND 1997 : The reasons why it will descend. Message Board

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Technology Stocks : ASCEND 1997 : The reasons why it will descend.

ASND 206.76

+2.8%

3:50 PM EST

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To: jim ratliff who wrote (1)	1/15/1997 3:34:00 AM
From: LEUTHY	of 122

Jim, I did not say it was a bad company but just that it was overvalued. Do you think that the Market will continue to hype on this child, if ASCEND can only have a 100-150 % growth on revenue this year. We could think that it would still be fair. But 100% of growth will bring only a 30-40 % growth on Income. The extremely high margins ASCEND makes with MAX products will be eroded because of the Strong Competition. IMHO.

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