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

To: Gary Korn who wrote (24224)11/20/1997 7:14:00 PM
From: joshi  Read Replies (1) | Respond to of 61433
 
Seems that we are quietly getting UPGRADES. We now have 10 analysts rating ASND a STRONG BUY and another 7 as a accumulate. Think tide is turning. Good luck all, Double witching Tom.



To: Gary Korn who wrote (24224)11/20/1997 7:18:00 PM
From: sepku  Read Replies (1) | Respond to of 61433
 
Hmm...wow, that mean means ASND's p/e for '97 is much lower than I expected! That is why I thought it was for '98. The p/e on '98 has got to be ridiculously low, then. We are severely undervalued, and therefore oversold -- no doubt.

I'm actually looking forward to ASND beating Q4 by a couple pennies through conservative guidance, as well as suspicion that the company rolled some revenue over from Q3 since it was a loser anyway.

Style Pts.


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