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

To: Gil Gilbertson who wrote (48453)6/9/1998 11:47:00 AM
From: skyking41  Respond to of 61433
 
don't look at trailing PE

now conservative (IMHO) 1999 earnings of $1.48 divided into $49= 33.11



To: Gil Gilbertson who wrote (48453)6/9/1998 12:36:00 PM
From: Orhan Birol  Respond to of 61433
 
You think institutions laying down billions are not aware of the P/E?
You seem to be new at this game!
Good luck,
Orhan



To: Gil Gilbertson who wrote (48453)6/9/1998 6:20:00 PM
From: S. M. SAIFEE  Read Replies (2) | Respond to of 61433
 
Gil,

May be 45 @ expiration. Stock had tremendous run from 41 so if it traces back half of the gain 45, should be support. You are right
we could come under selling pressure. Those who bought
year ago got in between 45 and 50 range. They could be cashing in considering high level of market.


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