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To: Spice, J. K. who wrote (16349)	1/12/2000 3:25:00 PM
From: Spice, J. K.	of 26039

Swiss Ascom sets telecoms outsourcing deals BERNE, Jan 12 (Reuters) - Swiss telecommunications equipment group Ascom Holding AG announced two outsourcing deals on Wednesday in a bid to reduce production costs in a very competitive market. Ascom said it had signed a memorandum of understanding to transfer its Solothurn manufacturing site to U.S.-based DII/Dovatron DIIG . It signed another memorandum with Swiss utility Atel to sell its Ascom Installationen AG unit. Ascom shares closed up 80 Swiss francs at 4,075, off a high at 4,145, in a generally firmer Swiss market. Ascom Chief Executive Hans-Ulrich Schroeder told a news conference both deals would lead to a cash inflow of "a good 100 million Swiss francs." Does ASCOM have a cash flow problem? John

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