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

To: Tim Luke who wrote (53457)9/1/1998 9:29:00 AM
From: Narotham Reddy  Read Replies (1) | Respond to of 61433
 
OT - AMZN opening another 5 points down..

Everything of this stock is being questioned (at last).

Narotham



To: Tim Luke who wrote (53457)9/1/1998 10:01:00 AM
From: Lutz Moeller  Read Replies (1) | Respond to of 61433
 
Tim,

I hold on asnd.

just bought tdfx at 9,75.
I expect their sales will double next year.

ttm P/E is 8
P/s is 1

how much cheaper can You buy growth?

Of course it's a micro cap, that will take time to grow. I bought my first tdfx after cnbc appearance and hype at 32,67. Later I averaged down at 16,25. Today, well 9,75's cheap. I'm on margin.

Lutz



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