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

To: Darren who wrote (46369)	5/8/1998 11:20:00 PM
From: gbh	Read Replies (2) \| Respond to of 61433

The company has already stated a loss is due for the current quarter Are you talking about ASND? When did they state this? and ASND is losing money short term. Now you are making me smile... Now I'm the one smiling; no make that ROFLOL. :) Darren, I'm not sure where your info is coming from, but I sure hope your not making a short play based on this nonsense. Yes, its true, ASND's trailing PE is currently negative because of charges taken for the CSCC merger. But do you really think anyone on this planet is short because they have a negative trailing PE? Even shorts have more gray matter than that. Come to grips with reality man. WS values companies based on future expectations. So look at whats expected for full year 98, and full year 99 to make todays play. If ASND misses those expectation they will be punished. If they meet, as more and more analysts are predicting, they will be rewarded. It doesn't get any simpler than that. Gary