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

To: H.A.M. who wrote (56261)	10/20/1998 7:40:00 PM
From: Pat Hughes	Read Replies (1) \| Respond to of 61433

What a day! Ofter all the BS On-Line and on the Television about Ascends earnings I have to hear on Bloomberg Radio that they missed by a penny and that comments by Jim Cramer pushed the stock down. What a crock of garbage! All longs who sit tight will be greatly rewarded. Thats it for now. Pat

To: H.A.M. who wrote (56261)	10/20/1998 8:24:00 PM
From: lazarre	Read Replies (1) \| Respond to of 61433

<<<<Warburg Dillon Read LLC analyst Nikos Theodosopoulos today cut his rating on Ascend to ''hold'' from ''buy,'' citing a premium in the company's market valuation from takeover speculation>>>> I don't know who this Nikos guy is but I'm convinced he adds a new dimension to the meaning of : " it's not what you know but who you know. " I mean what else could it be when he downgrades on the basis of valuation? Check out the following: P/E for ASND is 46; for Peers= 59 Price to Book for ASND is.8,; Peers= 10.5 Price to Sales for ASND = 7.64 ,; Peers= 8.6 These Valuation Ratios are per Market Guide. Well, according to Nick, the entire Computer Networking Industry will be downgraded in the morning as well. LOL. L Link to Market Guide below: marketguide.freerealtime.com