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Technology Stocks : Ascend (ASND) Traders

ASND 203.20

+1.1%

3:07 PM EST

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To: Thomas M. who wrote (47)	9/8/1997 8:23:00 PM
From: Stevie	of 369

Good News out on ASND.. (FED FILINGS) Ascend May Get Revenue Boost Frm WorldCom/AOL Deal Ascend May Get Revenue Boost Frm WorldCom/AOL Deal ISSUER: ASCEND COMMUNICATIONS INC. SYMBOL: ASND WASHINGTON (FFBN) -- Ascend Communications Inc. is well positioned to benefit from today's deal between WorldCom Inc. and America Online Inc. Due to the alliance with America Online, WorldCom's subsidiary UUNET Technologies will ramp up IDSL, a digital subscriber line which communicates at roughly twice the speed of current analog modems, deployment to 200 cities shortly according to John Sidgemore, chief executive officer of UUNET. The new high speed service was earlier predicted to reach 117 cities by year end, according to America's Network Magazine. UUNET deploys its current ISDL offering on Ascend's MultiDSL platform product. The company is Ascend's largest customer, accounting for 13% and 16% of Ascend's revenues in the three month and six month periods ended June 30, 1997. UUNET was not immediately available for comment regarding whether the expansion would entail further purchases from Ascend. (END) FEDERAL FILINGS-DOW JONES NEWS 09-08-97 15:40 * end of story *

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