Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: The Phoenix who wrote (58451)	1/5/1999 8:23:00 PM
From: gbh	Read Replies (2) of 61433

Gary, I don't think anything is "up" with TLAB. Could be just a "value" play for many fund managers looking to deploy excess capital. Just look at its PE in comparison to ASND and CSCO vs. its projected growth rate, and a value case can easily be made. This stock could easily go to 100 based on projected next years earnings in this frothy market. Gary

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