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


To: sam who wrote (25670)12/4/1997 4:35:00 PM
From: Bosco  Read Replies (1) | Respond to of 61433
 
hello all - I won't bet on M&A rumor either. However, if ASND dares to tell DMG (is Messr Noel Lindsay still there?) it can meet earning projection, there is no reason it will not get back to proper valuation. Btw, in light of the lawsuit, Messr Mory Ejabat certainly has a bit to lose if he overhypes the projection.

The projection calls for $1+ while COMS revised estimate > $1. Additionally, COMS has a commodity segment in 10/100T and 56K. So, therectically, if COMS can cling to $33, ASND should worth at least that much.

rgds Bosco