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

To: Dee Jay who wrote (31291)1/20/1998 6:49:00 PM
From: S. M. SAIFEE  Read Replies (2) | Respond to of 61433
 
Sincs ASND is back on track, shouldn,t it command same ptremium on PE as CSCO, before last quarters problem, ASND alway commanded highr PE than CSCO. Any price projections based on revived PE??



To: Dee Jay who wrote (31291)1/20/1998 7:11:00 PM
From: ron javate  Respond to of 61433
 
And why do you think the analyst said that? Two reasons--one to kiss the management ****, and secondly he has a buy recommendation on the stock and he feels that he needs to prop it up. I would recommend that you ignore what the analyst says and instead focus on what the company is saying.



To: Dee Jay who wrote (31291)1/20/1998 7:43:00 PM
From: Sector Investor  Respond to of 61433
 
<<perhaps the MOST SIGNIFICANT WORDS heard in the CC: "Thanks, and
congratulations for getting back on track." - these words were not from Ascend's
mgmt. (IMHO) Not to downplay anything else which was superb, but in Street terms
this says it all! ;-)>>

Yes it does. And there was much more in the CC to cheer about.

What about Telewest - the forgotten "major" contract from last week?
Not a peep in the CC.


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