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

To: Tim Luke who wrote (42322)	4/6/1998 11:50:00 AM
From: blankmind	Respond to of 61433

unless asnd receives a csco type p/e, we will not shoot past 40.

To: Tim Luke who wrote (42322)	4/6/1998 12:30:00 PM
From: ALAN	Respond to of 61433

I understand that Salomon Brothers increased their 12 month price target for ASND to $45 to $50 over the weekend. If true, this would be great news. I agree that ASND will see a higher PE when the market is convinced that ASND is back on track after the earnings report and a very positive conference call.