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


To: michael modeme who wrote (26075)12/5/1997 7:20:00 AM
From: Gary Korn  Respond to of 61433
 
Dow Jones newswire reported $1.45 for FY98. The mean of the distribution of estimates for FY98 for analysts who cover ASND is around $1.24.

Thanks, Michael!

Gary Korn

P.S. If 1.45 holds true, that means that ASND has a p.e. against forward sales of 18.6 Pretty amazing, and something that might well, as Ashby noted, drive up the stock price.



To: michael modeme who wrote (26075)12/5/1997 9:16:00 AM
From: sepku  Respond to of 61433
 
>>>this is partly due to one analyst who is estimating earnings to be $0.40 for FY98<<<

May I suggest that this analyst lay off the crack rocks and report immediately to the nearest rehab facility?

Style Pts.