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


To: Paul Shread who wrote (52519)8/21/1998 3:10:00 PM
From: Mark Duper  Read Replies (1) | Respond to of 61433
 
Shredder,

Short it, then.

Sup.



To: Paul Shread who wrote (52519)8/21/1998 3:14:00 PM
From: Jan Crawley  Respond to of 61433
 
A forward PE of 20? How far forward? They haven't earned more than 30 cents in a quarter in a long time.

Projected next quarter earnings $.30
Earning per share anticipated from Sept 98 to Sept 99 $1.6 to $1.8

Assinging a conservative annual growth rate of 30%, here is your very conservative $45 per share, without any LU/Asnd considerations....



To: Paul Shread who wrote (52519)8/21/1998 3:16:00 PM
From: Sanzen  Respond to of 61433
 
A forward PE of 20? How far forward? They haven't earned more than 30 cents in a quarter in a long time.

They haven't for about a year. Next quarter is expected to
be .31, next year's estimate is 1.6. So $30 would give
a rough PE of 20.