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Technology Stocks : Ascend Communications-News Only!!! (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: MMW who wrote (1141)	2/6/1998 8:45:00 PM
From: Maverick	Read Replies (2) of 1629

A United Nations telecommunication standard-setting body on Friday will formally adopt a new standard for a new generation of speedy computer modems, ending an industry feud that has held up sales for a year. The International Telecommunications Union will conclude a meeting in Geneva on Friday, where telecommunication industry officials hashed out an agreement to merge two competing standards for so-called 56-kbps modems. Leading modem companies, including 3COM CORP, ROCKWELL INTERNATIONAL and LUCENT TECHNOLOGIES, said they will introduce modems based on the new standard this quarter. (Reuters 11:05 PM ET 02/05/98) For the full text story, see infobeat.com

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