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Technology Stocks : Ascend Communications (ASND)
ASND 216.57+5.9%Nov 17 3:59 PM EST
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To: BostonView who wrote (58984)1/13/1999 9:22:00 AM
From: gbh  Read Replies (2) of 61433
 
t won't happen overnight, but over the next 18 to 24 months I won't be surprised to see a retraction in the multiple.

Could be true, but CSCO won't be alone if it happens. Count MSFT, DELL, and LU among the victims if the market actually decides to comes to its senses with PEs.
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