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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Mighty Mizzou who wrote (60878)4/22/1999 10:09:00 AM
From: JH  Read Replies (2) of 61433
 
<predict Xircom (XIRC) to hit 30 by the end of this month. 20ish now>

XIRC ascending 50% from here within a month? That would be GREAT, but what specific reasons do you think will cause this will happen?

They reported F2Q EPS of $0.42, slightly above concensus,on revenues of $97.7M, up 1.9% Q/Q. Their RealPort products are great, but pricing pressures may result in slower growth in margins. Currently, at $21, XIRC is priced at 19 times prospective earnings of $1.07
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