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

To: China Trader who wrote (37450)	3/4/1998 12:08:00 PM
From: Dennis R. Duke	Read Replies (1) \| Respond to of 61433

According to Yahoo's quote system the PE right this minute on CSCO is 51.19 at a price of $64 5/8ths. The error in your chart is that you are not counting the 7 month variance in year end between CSCO and ASND. The new ATM switches, and future products that Maverick has mentioned to us here, deserve a premium to the market. COMS is on the lower end of the market, heavy in modems with US R. And BAY has its opportunities, too. So my conclusion is that ASND is still trading at a substantial discount to CSCO. And if you read the thread, ASND has new product that can grow ASND faster than CSCO, as a percentage growth. The other major problem with the numbers, is that we have a new CFO who is being conservative with the street to regain favor. He is not going to step on his chain and fall on his face! CSCO has not missed one yet. And I say YET with no information, but it will happen someday. The competition from ASND against the Stratacom switches could provide some help in this area. Just IMHO, Dennis