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

To: sepku who wrote (28171)	12/17/1997 7:17:00 PM
From: jeff wheatley	Read Replies (1) \| Respond to of 61433

Thanks Style. From Barrons 11/10: 28%, no breakdown provided. There could be problems here.

To: sepku who wrote (28171)	12/17/1997 7:18:00 PM
From: mark alan rosenberg	Read Replies (1) \| Respond to of 61433

I think (but, what do I know?) that the entire networking sector is dead money until half way into the 2nd Q, when, perhaps an entire sector reassessment can be made made with more information on hand. The market hates uncertainty. Even Cisco at 38X earnings is overpriced, and probably could be capitalized easily at 20-25X earnings, which makes $54.25/ share more like $30/ share. Global impact on earnings in this sector is leading to too much volatility.

To: sepku who wrote (28171)	12/17/1997 7:43:00 PM
From: Alok Sinha	Respond to of 61433

I don't think any analysis as far as ASND's near term prospects will yield much useful information. To me what is important is that the CEO, and CFO have recently expressed comfort with estimates. At the CC after last quarter earnings they were much more conservative. I would imagine that they will suffer an irreparable damage to their already eroded credibility with investors if they do not make their numbers. It is the lack of credibility resulting from past misstatements that, inspite of a growth projection between 35-40% (which is the higher end for the industry), the stock currently trades at about 20 times forward P/E compared to 40 for CSCO. In short, these guys cannot afford another "miss". I, for one would be very surprised if they miss their numbers this quarter, irrespective of Asia related troubles. My guess is they make or excced slightly and then get bought out in the low 40s by NT. A couple of large orders towards the end of last quarter were suppose to ship in this quarter (NTT, UUNet, etc) which is why I think management feels confident of the projections. We are already coming towards quarter close and the Asia crisis has been with us for the entire quarter, so it should not be a surprise to Mory and Co.

To: sepku who wrote (28171)	12/17/1997 9:10:00 PM
From: Jurgen	Read Replies (1) \| Respond to of 61433

Just For Fun: i thought those guys on the CSCO threat are ignorant, but watch what's going on at INTC: Question ..Since this is on my mind and I don't know, can someone supply the mean p/e multiple for Intel over, say, the last 10 years? Answer ...Most of the engineering types hanging out on this thread are not really into voodoo analysis and psuedo forward looking mathematics ... PS: Please come back and tell us where you and your kindred spirit congregate (https://www.siliconinvestor.com/readmsg.aspx?msgid=2991470)