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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%3:59 PM EST

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To: The Phoenix who wrote (55820)10/12/1998 10:33:00 AM
From: hitesh puri  Read Replies (2) of 61433
 
Hi Guys, I was reading JP Morgans report on ASND yesterday where they mentioned that the MCI and BT contracts that NN won last year (making NN go from 44 to 69 on the news, thanks to the Momentum players) are coming up for rebids. That bodes extremely well for Ascend as chances are very high that other recent wins gives them great sales food and there still aint no competition in the horizon.
Cisco recently conceded defeat when they said that their alliance with Alcatel will focus on Enterprise rather than Telecom Carriers. Alcatel has decided to team up with Ascend in that arena.

-hitesh
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