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


To: Gary Korn who wrote (34495)2/12/1998 1:47:00 AM
From: uu  Read Replies (1) | Respond to of 61433
 
Gary:

Re: GGTI

Thanks for bringing out the GTI news. I looked at the company's profile and it seems too good to be true therefore I appreciate it very much if you can tell me what do you think can be wrong with this picture.

The company has a book value of $6.38/shr, and the current stock price is at around $4.75/shr. It is selling at 0.38 times the revenue, and has only about 8 million outstanding shares. The company has gone through a tremendous restructuring and thus its cost has declined dramatically (which caused their last quarter loss to decline by 75%). Of course their revenue also declined by 8%. But nevertheless, this company is selling well below its book value.

Does market think this company has absolutely no chance of survival and it is anticipating that its book value will soon decrease dramatically thus discounting the current stock price to reflect that?
Or this company is simply being ignored (which from its average daily volume of around 14,000 shares seems to be the case).

Your thoughts (or anyone elses) are appreciated.

Regards,

Addi Jamshidi



To: Gary Korn who wrote (34495)2/12/1998 1:54:00 AM
From: Dennis R. Duke  Respond to of 61433
 
Brought to you from the Yahoo thread:

Subj: Here's ALL annalysts reccomendations
By: Kurryaken
Date: Feb 11 1998 7:35 A.M PST
Reply To: Msg. 6839 by bree_91016

Here's the whole deal fellas...for your files as of 2/11

Recent Research on ASND : ASCEND COMM INC
The following brokerage firms have supplied Zacks with research information

If the analyst's research abstract is available, you will be able to view it, as well as the analyst's ranking.

Brokerage Firm Date of Last Recommendation Recommendation
UTHENDAHL CAPITAL PARTNERS 02/09/98 BUY
WESSELS ARNOLD 02/05/98 LONG TERM BUY
EDWARD D JONES & CO 01/30/98 HOLD
OLDE DISCOUNT 01/29/98 ACCUMULATE
Major Broker 01/27/98 BUY
GERARD KLAUER MATTISON 01/27/98 BUY
Major Broker 01/26/98 MARKET PERFORMER
UBS SECURITIES 01/26/98 HOLD
Major Broker 01/26/98 HOLD
MONTGOMERY SECURITIES 01/23/98 HOLD
ADAMS HARKNESS & HILL 01/22/98 MARKER PERFORMER
SOUNDVIEW FINANCIAL GROUP 01/22/98 HOLD
ROBERTSON STEPHENS & CO 01/22/98 BUY
Major Broker 01/21/98 OUTPERFORM
COWEN & COMPANY 01/21/98 NEUTRAL
BEAR STEARNS & CO INC 01/21/98 NEUTRAL
FIRST ALBANY CORPORATION 01/21/98 NEUTRAL
EVEREN SECURITIES INC 01/21/98 MARKET PERFORMER
S G WARBURG & CO INC 01/21/98 BUY
DEUTSCHE MORGAN GRENFELL 01/21/98 BUY
RAYMOND JAMES & ASSOC 01/21/98 ACCUMULATE
Major Broker 01/21/98
Major Broker 01/21/98
HAMBRECHT & QUIST LLC 01/08/98 BUY
Josephthal & Company, Inc 12/31/97 BUY
FURMAN SELZ INC 12/03/97 RECOMMENDED LIST
UK 11/05/97 BUY
VOLPE AND WELTY 10/31/97 NEUTRAL
AM 10/24/97 N/A
COMPANY ESTIMATE 09/29/97 N/A
NEEDHAM & COMPANY INC 01/08/97 N/A
PERSHING AND COMPANY 01/03/97 N/A
ADVEST INC 12/31/96 N/A
DILLON READ & CO INC 12/17/96 N/A
PUNK ZIEGEL 12/16/96 N/A
VAN KASPER & COMPANY 10/21/96 N/A
COMVEST PARTNERS 10/04/96 N/A

I thought this would be a list of interest here, Dennis