Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.15

-1.5%

Nov 20 3:59 PM EST

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To: Ron Masson who wrote (24093)	11/19/1997 10:54:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 61433

What this press release didn't say was that Ascend had to discount 85% of list price to win this deal. It was a 3 way fight between Ascend, 3Com (USR) and Bay Networks. Every vendor wanted the business. However, only one vendor wanted the business at that price. So much for margins ... Ron, I am not doubting the discount. I was wondering how you know. Glenn

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