Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Clare who wrote (22140)	11/9/1997 12:16:00 AM
From: Gary Korn	Read Replies (3) \| Respond to of 61433

At a stock price of 24 1/8, ASND's market cap of $4.5B is about 2.4 times cash on hand (500MM) + existing order backlog (300MM) + 1997 sales (1.1B). At the 17 stock price suggested by some, ASND's market cap would be less than 1.7 times cash on hand, backlog and 1 year sales. Gary Korn

To: Clare who wrote (22140)	11/9/1997 1:30:00 AM
From: pass pass	Read Replies (3) \| Respond to of 61433

FR and ATM, what's the problem? ascend.com BTW, if you followed CSCO in March, April this year, the negativity from media was just like what it is now for ASND. Even LA Times carried an article bashing CSCO's corporate culture since it's a melting pot of all kinds of companies. It's always safe and sensational to explore the negatives of a beaten-down stock and praise an all-time-high stock. CSCO is no INTC or MSFT. It has no monopoly over the network and probably won't since the network gears are becoming commodities faster than any other industry.

To: Clare who wrote (22140)	11/9/1997 11:26:00 AM
From: scott maragioglio	Respond to of 61433

Clare, Cascade's buisness has been the bright spot of this situation. Book-to-bill solidly over 1.

To: Clare who wrote (22140)	11/9/1997 10:29:00 PM
From: sepku	Read Replies (2) \| Respond to of 61433

>>>Slowing momentum from Cascade.<<< CSCC's momentum was slowing before the merger was ever anounced -- hence, the reason the stock crashed at the beginning of the year. In fact, ever since the merger with ASND has been in progress, CSCC's business has been picking up nicely...if it wasn't for CSCC's added revenues this last Q, ASND would be less than $15. It's ASND's business that was slowing, and we can thank our lucky stars we have CSCC picking up ASND's slack! Style Pts.