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


To: The Phoenix who wrote (58451)1/5/1999 8:23:00 PM
From: gbh  Read Replies (2) | Respond to of 61433
 
Gary, I don't think anything is "up" with TLAB. Could be just a "value" play for many fund managers looking to deploy excess capital. Just look at its PE in comparison to ASND and CSCO vs. its projected growth rate, and a value case can easily be made. This stock could easily go to 100 based on projected next years earnings in this frothy market.

Gary