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


To: Skeeter Bug who wrote (22556)11/11/1997 7:53:00 AM
From: Sector Investor  Read Replies (2) | Respond to of 61433
 
<<lamont, asnd is trading at 21 times next year's estimates. the going
forward eps growth rate is estimated at 20%.>>

The new CFO, Ashby has stated ASND WILL make $1.15-$1.20 next year.
Based on that I make the going forward EPS at 19-20. I'm sure those
are conservative numbers, ones they are SURE they can make.