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

To: blankmind who wrote (33511)	2/5/1998 4:33:00 PM
From: Tech Bull	Read Replies (1) \| Respond to of 61433

tech bull where will the price be march 1 (+/- 5 days)? Ahhh, but I am not blessed to predict like a true guru :^) The calculation I would make right now would be $0.25 street consensus Mar98 (sounds good right now) x 4 annualized x 37 PE up on momentum = 37 by 30-Apr after earnings are digested. Doing the calc for 1-Mar is tough & I'll defer to the gurus, I find it more predictable to stick with end-of-quarter calcs. These numbers should be refined and any upside understood with better data as we get closer to the end of Q1 - I'd be more comfortable with a re-calc on 1-Mar for the price on 30-Apr. BTW, today was a strong day for ASND in light of the market (solidify that PE multiple). Disclaimer: Please do your own homework before investing your dimes.