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Technology Stocks : Ascend Communications (ASND)
ASND 200.84-0.1%12:34 PM EST

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To: Gary Korn who wrote (30916)1/18/1998 1:21:00 PM
From: Jeff Call  Read Replies (2) of 61433
 
Off topic, response regarding PMCS

Gary, you are very correct, PMCS revenues have been declining over the last nine months. However, the decline in revenues is a result of PMCS' strategic decision to exit the competitive, commodity modem chipset business.

PMCS is becoming more and more of a pure Network play, and their Network (ATM) chipset revenue is growing substantially quarter to quarter.

There is more detailed information at the Silicon Investor PMCS Discussion Thread. I won't clutter the ASND Thread with any more posts about PMCS, but I think it is a worthwhile investment.

Good Luck.

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