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


To: Darren who wrote (48808)6/16/1998 10:24:00 PM
From: Immi  Read Replies (2) | Respond to of 61433
 
Darren what is DCF?. Bay was sold at a 35% premium. So, lets take
ascend price at 50, and add 17.5 that makes it 67.5. Now, this is
without the second's half sequential quarterly growth, impact of
TNT II, and the next generation of TNT's etc. Looks like I am
greedy, why not. I have ascend for over a year now with break even
at bout 40. Darren, if you have 3 plus years experience in investment
banking then could you explain what DCF is, and all the reasoning
behind that price. Regards, Immi