Here's the whole story:
a portion could allow for the .5 drop? It made me calculate.
" It may come at a good time for the company, due
to the recent announcement of reduced
expectations for its fiscal third quarter. The
company said in a pre-announcement that earnings
would fall about 33 percent for the quarter, which
ended September 30. "
33% of .36 is .11????? they said .18-.22 right?
However, I knew of some of below, and it IS a really big deal.
Ascend Communications (ASND) hopes a new
strategy incorporating technology acquired this
summer will lift it out of its financial doldrums.
The company next week will launch a new addition
to an existing box that will allow for the
simultaneous support of Frame Relay,
asynchronous transfer mode (ATM), and
Ethernet-based Internet protocol (IP) schemes.
Ascend acquired the technology through its $3.7
billion acquisition of Cascade Communications in
May.
Ascend also will roll out a new piece of networking
hardware for layouts based on ATM that offers
higher speeds for data flows.
The moves offer the first concrete evidence of how
the company plans to both incorporate technology
derived from the Cascade acquisition and roll it into
an overarching strategy targeting enterprise
wide-area backbone networks, which are the
interconnection points of the Internet and carrier
networks.
It may come at a good time for the company, due
to the recent announcement of reduced
expectations for its fiscal third quarter. The
company said in a pre-announcement that earnings
would fall about 33 percent for the quarter, which
ended September 30.
Ascend is coping with an increasingly crowded field
in its core remote-access hardware business, which
may be taking a bite out of revenue as it
incorporates Cascade into its operations, according
to industry observers.
Ascend officials said the new Cascade gear will
help service providers as businesses turn to the
public network to fulfill their wide-area connection
needs, since implementing private wide-area links
between sites can be financially prohibitive.
To augment an existing CBX 500 box, the
company will introduce capabilities that allow
support for frame-based packets in the form of new
modules that fit into the chassis that support Frame
Relay and Ethernet-based IP layouts. The new
support for frame-based data networks is intended
to allow service providers to augment current
offerings for customers without having to add a new
infrastructure to support it.
Multiservice support for the CBX 500 is due in the
first quarter of next year, with prices per port
coming in at $10,000 for the six-port Frame Relay
module and $12,500 for the four-port
Ethernet-based module.
The new switch, called the GX 550, transports data
at OC-48 rates, the latest and fastest speed level
for gear of this type. Ascend officials claim they are
the first to offer this speed in ATM-based gear.
The new gear, which will ship in the first quarter of
next year, will cost $110,000 for a box configured
for 25-gbps (gigabits per second) speeds. Cards
that fit into the GX 550 chassis are the same type,
no matter what speed a network administrator
desires, making it easy to incorporate a variety of
links within one box.
JJ |
