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

To: hitesh puri who wrote (40719)	3/24/1998 11:01:00 AM
From: The Phoenix	Respond to of 61433

Hitesh, I know this is an ASND thread, but I hold both Cisco and ASND. Periodically someone like you posts a comment like the one you just posted.. and the money again as usual is going into Mr Bloated (Cisco). I find this kind of comment coming from someone that invests in the networkers puzzling. Are you saying that Cisco (trading at about 10 times revenues) is bloated compared to ASND (trading at 6 times revenues)? Cisco has made their numbers, has positive earnings, and has not disappointed. In doing so they continue to trade at their all time high. ASND on the other hand has missed, and is currently showing negative earnings due to their debacle last summer. If ASND did not miss they would like be trading at near their all time high as well - 80+.... if that happened ASND would be trading at 15 times revenues. Cisco's ability to make estimates have allowed it to trade high in this high-flying market. Asnd tripped up - mainly due to poor management and therefore is trading at 40% of it's all time high. So, Hitesh - don't be bitter. This is what investing is all about. Gary