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

To: Gary Korn who wrote (21194)	11/4/1997 9:53:00 PM
From: pass pass	Respond to of 61433

CSCO sales growth rate: 30% annually, earned: 0.59; ASND sales growth rate: 46% (expected, rumored, etc.), earned: 0.20; so what's the fair price for ASND? Anyone checking this dog's stochastics? It's almost 0!

To: Gary Korn who wrote (21194)	11/4/1997 11:10:00 PM
From: Sector Investor	Read Replies (4) \| Respond to of 61433

A tale of two stocks - CSCO and ASND It was the best of days, it was the worst of days On the throne of LAN sat one stock with a current year PE of 40+ and a PS of 9. On the throne of RAS sat another stock with a current year PE of 23 and a PS of 4.5. The king of LAN had revenue sales growth the past 4 quarters of 10.9%, 3.5%, 6.7% and 5.9% for an annual growth of 30.2% The king of RAS has revenue sales growth the past 3 quarters (counting Q4) of 11.1%, -13.2% and +10% and a projected annual growth of 46% The king of LAN announced a 3 for 2 stock split. The king of RAS with half the PE and PS, and higher sequential growth going forward declined to another new low. What the Dickens is going on?

To: Gary Korn who wrote (21194)	11/5/1997 8:01:00 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 61433

While I wait for the details of a merger deal to be announced, I could live without a test of the low $20 range. <G> I still believe, though, that we are looking at about 8 times sales, or $48ish, as an acquisition price. My concern, as stated earlier tonight, is that if ASND were to fall further (farther?), the acquirer might want to renegotiate this assumed baseline. First! This is the last time I type ($20). And there is a big difference at that number and the 24's. I personally can't see it? I'm pretty sure I'm looking at the bottom. I'm buying more today. Jeff