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: Riskmgmt who wrote (23907)	11/18/1997 10:37:00 AM
From: Jeff Jordan	Respond to of 61433

I'm trying to debate if I want to go hear Cisco's John Chambers Keynote speech? It will kill about 2hrs of my time? Probably get a free T-shirt for my effort? Bill Gates t-shirt said " I (heart) MY "PC" I like my X2 black ball cap better...I got to try to get more...people have offered me stuff for it? I also could made points w/ the Ascend tech if I gave him mine. The k56flex guy at Diamond wanted to trade a T-shirt....Man, I'm doing big deals on the Comdex floor!<ggg> Jeff

To: Riskmgmt who wrote (23907)	11/18/1997 10:42:00 AM
From: Sriram S. Konkipudi	Read Replies (1) \| Respond to of 61433

<< If they make $1.05 >> I have different number of $1.07 for 1997, check out the following url ultra.zacks.com

To: Riskmgmt who wrote (23907)	11/19/1997 5:30:00 AM
From: Joseph Pareti	Read Replies (2) \| Respond to of 61433

>Then why are you so bullish on the stock? > If they make $1.05 it's a 7% growth rate over 1996. > And $1.22 is about a 17% growth rate. > > $1.05 @ 7 = $7.35 > $1.22 @17 = $20.74 > > Taking the average of 12 @ $1.05 = $12.60 > 12 @ $1.22 = 14.64 it looks right if you assume the target p/e = eps growth. The validity of this looks suspicious if a company was breaking even and shows now some profit, then the eps growth would be deceivingly huge. I hate to post the numbers that follow, as I am long on ASND, but I do it anyhow for better understanding : company - eps - price - p/e - eps growth - target p ASND -- 1.07 -- 25 -- 23.4 -- 9% -- 10 COMS -- 2.26 -- 33 -- 14.6 -- 24% -- 54 INTC -- 3.84 -- 78 -- 20.3 -- 32% -- 123 SUNW -- 2.25 -- 33 -- 14.6 -- 19% -- 43 I have used the ZACK consensus estimate for the eps in the current fiscal and the ratio of this to the previous fiscal eps to calculate the eps growth rate. It looks appalling. Hope somebody proves I 'm wrong :-)