SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: C.N.S. who wrote (21726)11/7/1997 1:08:00 AM
From: Jimbo Cobb  Read Replies (2) | Respond to of 61433
 
Shivu: As I just sai, $16 is based on a brief technical analysis; however, regarding a speculative investment, MADGF (aka MAD-DOG), which I am not telling anyone to buy (although I do own it),

ASND trades at over 5.0 x trailing sales, while MADGF trades at about 0.5 x trailing sales. YES, ASND deserves a much higher multiple than MADGF, but 10 times ?? If next year's earnings picture for ASND continues to cloud, look for that 5 x sales multiple to get sliced yet again !!

Mark.