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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.001300.0%Dec 18 4:00 PM EST

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To: David Lawrence who wrote (8581)11/5/1997 1:01:00 AM
From: drmorgan  Read Replies (1) of 22053
 
November 4, 1997, 12:30 p.m. PT, Ascend Communications (ASND) said yesterday that it expects several quarters of unpredictable growth because of price reductions, consolidation among Internet service providers, and slower international demand.

Schneider said Ascend likely will have to reduce the
list price of its access concentrators
(telecommunication devices for online services that
accept calls from customers' modems) by between
20 percent and 30 percent during the first half of
1998, amid steeper competition from rivals such as
Cisco Systems (CSCO), 3Com (COMS), and Bay
Networks (BAY).


news.com

Derek
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