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


To: thebeach who wrote (43908)4/12/1998 11:48:00 PM
From: jach  Read Replies (2) | Respond to of 61433
 
ASND sales and profit growth of 4.31% and 4.2% reflect very weak growth rate. This rate does not warrant 35 PE. 15 to 20 PE is more appropriate, reflecting 25$-30$ range.