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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-67.5%Nov 7 11:47 AM EST
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To: Scrapps who wrote (6571)10/9/1997 10:30:00 PM
From: Wigglesworth   of 22053
 
Benhamou to box Ejabat:

From Ascend thread's blow by blow report of CC:
...
Wade said that, "an increasingly aggressive pricing environment, the threat of networking behemoth Cisco entering [Ascend's] core market, and the uncertainty surrounding geographic revenue growth" all contribute to the upcoming hurdles that face the company.

And the competition is waiting in the wings if Ascend can't get production back on track.

"We believe that Ascend's most formidable opponent is 3Com (COMS)," Wade said. "This is another company that can leverage its, in our view, impressive manufacturing and distribution proficiencies. Cisco's (CSCO) recently announced Cisco AS5300 Series appears to be competing with Ascend for the midsized corporate entity; however, we do not believe that Ascend has encountered Cisco's product in more high-end situations,"
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