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Technology Stocks : Ascend Communications (ASND)
ASND 209.43-0.2%Dec 23 3:59 PM EST

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To: Sector Investor who wrote (9230)8/19/1997 1:46:00 PM
From: sepku   of 61433
 
>>>We believe that part of the future strength of ASND's Japanese sales will be the contribution made by NTT. It appears that NTT has selected Ascend as the sole source provider of frame relay and ATM backbone equipment to support NTT's rapidly growing Internet access and transport services.<<<

If this is correct, ASND is going to make huge inroads into Japan. As I understand it, NTT is not only Japan's foremost telecommunications company, but the largest telecommunications company in the world. With ASND as NTT's sole source for frame relay and ATM, more large Japanese contracts will begin to fall into ASND's hands like dominos...Stratacom doesn't have a prayer. Another huge plus is the fact that the Japanese are very insistant on top-quality...choosing ASND for networking solutions says a hell of a lot. If ASND can lock up this market, things look very rosy.

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