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


To: BMC who wrote (46050)5/5/1998 12:32:00 PM
From: Dennis R. Duke  Respond to of 61433
 
Try adding back acquisition charges before calculating the PE. ML has it at 33.9 in their last report, when the price was $39.50.

Numbers are not the full story.

Dennis




To: BMC who wrote (46050)5/5/1998 12:36:00 PM
From: Orhan Birol  Respond to of 61433
 
Earnigs estimate for 98 1.18 for 99 1.48; selling X36 this year X24 next year. Trailing p/e dosn't mean anything, the stock market is a discounting process of future earnings.
Orhan