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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: paul lin who wrote (24400)	11/22/1997 2:16:00 PM
From: Larry J.	of 61433

<<<Frame relay is slowing down significantly>>> I gave you the benefit of the doubt initially, but recalled seeing research to the contrary...After much surfing here is the link: (for Jeffrey Forrest) biz.yahoo.com And the synopsis (for those prefering to stay put): According to strategic research conducted by Frost & Sullivan, U.S. Frame Relay Equipment Markets, both segments of the market, access and switching, should experience very healthy growth rates through the decade and into the next century. Total revenues for frame-relay equipment are expected to reach $12.8 billion by the end of 2003. The compound annual growth rate (CAGR) from 1996 to 2003 is forecast to be 31.8 percent. (MOUNTAIN VIEW, Calif., Aug. 5/PRNewswire) Larry

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