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Technology Stocks : Ascend Communications (ASND)
ASND 204.11+1.9%1:38 PM EST

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To: Finder who wrote (16173)10/2/1997 10:01:00 PM
From: Sector Investor   of 61433
 
<<In the original Bloomberg article Noel said Ascend did no business
with baby bells except for 2. Looks like Noel got caught and is back
pedaling. I think Noel may have either a vendeta or an agenda and got
cuahgt with his pants down at least a little.>>

Yes. Per post on news only thread yeasterday:

<<Noel said that at one investors conference, when Ejabat was
asked about sales to the regional Bell phone companies, he said
that business was fine and Ascend did business with all seven
Baby Bells.

Noel said he subsequently discovered that Ascend only sold
products to two of the Bells.

``He looked that investor straight in the eye and said we do
business with all seven. I will never forget that meeting,'' Noel
said.>>

Noel's latest comment:

"Noel said he stands by his view that Ascend does significant
business with only two of the Baby Bells, and only ``minor''
business with the rest."

Case closed.
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