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Technology Stocks : Ascend Communications (ASND)
ASND 207.03+0.4%2:47 PM EST
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To: Kent Rattey who wrote (61005)5/11/1999 7:20:00 PM
From: BMcV  Read Replies (1) of 61433
 
Kent, thanks for the article. The analysts sound unusually skeptical. By the time they get it, it must be late in the game. Sounds to me like CSCO is at or near its high-water mark, where incantations won't sustain their 135 earnings multiple much longer.
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