Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: getgo234 who wrote (24155)	11/20/1997 12:24:00 PM
From: Gary Korn	of 61433

During press conference to announce that MCI and NASDAQ will be working together to modernize NASDAQ trading (a brief portion of the press conference being televised on CNBC) a comment was made that MCI would be using CSCO equipment. Is this a defeat for ASND could this possibly be a factor in why ASND is not participating in the NW rally today ? getgo, It would be nice if UUNET thru WCOM were to exercise immediate control and toss out CSCO in favor of ASND. However, as I said thousands upon thousands of posts ago <G>, there is an issue as to how much control WCOM will have over the MCI people that put together this deal and, further, when that control will be exercised. I suspect this particular deal was a long time in the making, probably before WCOM put in its bid for MCI. That being the case, the players involved selected products for the deal without reference to whatever preference UUNET or WCOM might have had had. Furthermore, UUNET/WCOM does not have a rule against non-ASND products and I doubt anyone much cared, even if they knew about the deal. Gary Korn

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