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Technology Stocks : Ascend Communications (ASND)
ASND 216.91+3.0%12:05 PM EST

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To: mike thomas who wrote (60364)3/21/1999 11:50:00 AM
From: Bindusagar Reddy  Read Replies (4) of 61433
 
Wait for two more quarters, the street will punish CISCO and chambers. All it takes is one miss, it will happen in Q3. Street will realize Chambers was smoking grass and bluffing about his BS in telecom. The fact is they are not even close to being a telecom player. PE of 70 will crash to 20 which will be the true growth of CSCO going forward. CSCO will be a 20 dollar stock in Dec. 99. All your profits will evaporate in one week and Chambers will be looking for a job.
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