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Technology Stocks : Ascend Communications (ASND)

ASND 212.55

+1.2%

Nov 28 12:59 PM EST

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To: KM who wrote (56947)	11/9/1998 5:24:00 PM
From: Tom Gebing	of 61433

Top Stories: Ascend Makes a Foray into Services....from the Street.Com. thestreet.com Below is a portion of the article. Subscription required or sign up for free trial. --------------------- " Ascend intends to launch a services arm next week in an effort to preserve profit margins and assist carriers that purchase its increasingly advanced network machinery. Carriers need advice as they broaden into specialized data services for corporate customers. While Ascend's new venture, called global integration services, will also sell to corporate customers, carriers are the focus. I think it's a smart move," says Peter Crowcombe, research director with Spikes Cavell, a U.K.-based information technology researcher that has not worked for Ascend. Crowcombe suggests global integration services will help Ascend compete with archrival Cisco's (CSCO:Nasdaq) successful services division in Europe. Spikes Cavell has worked for Cisco, the dominant networker. "

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