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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (20371)	11/1/1997 12:41:00 PM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

I've taken my stock performance chart (i.e., since ASND reported 3Q earnings) and have added to it shares outstanding (approx), market cap (approx), sales for the last reported 4 quarters (approx) and finally a column representing market cap divided by sales. Interestingly, ASND's marketcap/sales is well below CSCO, NN and TLAB. Still, it is above others. With respect to its closest competitors, ASND's marketcap/sales is reasonable, if not the best. I suppose this suggests that ASND certainly is not outrageously overpriced at 27. Stock 10/9 10/31 %gain(loss) Shares M.Cap. Sales M.Cap Last4Q /Sales CSCO 81 7/8 82 1/32 .2 672MM $55.1B $6.4B 8.6 NETG 21 3/16 20 1/4 ( 4.4) 43MM $871MM $256MM 3.4 LU 88 7/16 82 3/8 ( 6.9) 642MM $52.9B $26.3B 2.0 TLAB 58 54 ( 6.9) 181MM $9.8B $1.1B 8.9 CS 33 3/4 29 (14.1) 158MM $4.6B $1.5B 3.0 XIRC 12 1/8 10 (17.5) 23MM $230MM $185MM 1.2 NT 109 3/16 89 11/16 (17.9) 260MM $23.3B $13.4B 1.7 ASND 33 1/8 27 (18.5) 189MM $5.1B $1.2B 4.3 NN 65 3/8 53 (18.9) 175MM $9.3B $1.5B 6.2 FORE 20 15/16 16 1/4 (22.4) 99MM $1.6B $407MM 3.9 BAY 41 31 5/8 (22.9) 211MM $6.7B $2.2B 3.0 COMS 55 5/16 41 7/16 (25.1) 346MM $14.4B $4B 3.6 SHVA 14 10 7/16 (25.4) 29MM $305MM $154MM 2.0 XYLN 23 3/8 16 (31.6) 43MM $688MM $188M 3.7