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

To: stockvalinvestor who wrote (21575)	11/6/1997 4:35:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

Single-digit growth, even if 7.5% sequential for all 4 quarters of 1998, would still be annualized growth of 33.5%. The company says growth will more like 10% per quarter in the second half of 1998, so the annual growth rate would exceed 33.5%. After hours trading in ASND remains virtually non-existent. There was the typical trading until 4:05:34. Then nothing. There is one 200 share trade reported at 4:22:03. Gary Korn

To: stockvalinvestor who wrote (21575)	11/6/1997 4:45:00 PM
From: jhild	Respond to of 61433

Careful here. Single digit growth "sequentially" is what we are talking about, not year over year. Assuming it goes to say 7% sequentially that's still about 31% yearly growth. As the price goes down and a projected 1.01 per share then actually the PEG is getting to be a respectable discount to 1. At 24 the peg is .77, which begins to be value investing time, at 17 it's about .55. Unless there are more earnings warnings, that would drag the 1.01/share down, imo it should never see 17 or 18. This opinion given freely, meaning at no cost. Always remember opinions are worth what you pay for them.