Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (56668)	8/20/1999 7:46:00 AM
From: Doug Robinson	Read Replies (1) of 120523

PDYN-New IDC Report Names Paradyne as Market Leader in WAN Demarcation Devices BUSINESS WIRE - August 19, 1999 12:09 LARGO, Fla., Aug 19, 1999 (BUSINESS WIRE via COMTEX) -- Paradyne Networks Inc. (Nasdaq:PDYN), a leader in broadband access systems, today reported that IDC's bulletin entitled "WAN Demarcation Devices and Their Role in Service Level Monitoring (SLM)" names Paradyne number one in market share based on revenues. The report also names Paradyne as one of the top two market-share leaders in the worldwide frame relay and ATM aware segment of thismarket. "We're extremely pleased to be recognized for our leadership in this market," said Andy May, Paradyne's president and CEO. "Paradyne's focus is on building next generation broadband access products including our Hotwire(R) DSL, Acculink(R) T1, and FrameSaver(R) SLM products. This report confirms our position in the overall market and the growth we were expecting to see in the rapidly expanding SLM segment."

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