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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Dennis R. Duke who wrote (36396)	2/25/1998 11:33:00 AM
From: Marcel	Read Replies (2) of 61433

Plexus/Ascend sign new manufacturing agreements... NEENAH, Wis., Oct 7 (Reuter) - Plexus Corp said Tuesday it has signed a manufacturing agreement with Ascend Communications (ASND) for sales valued at between $40 million and $45 million in calendar 1998. Separately the company also said it has signed a manufacturing agreement with Ohmeda for sales valued at between $12 million and $15 million for Calendar 1998. The agreement with Ascend is to produce the GX 550 ATM ''Smart Core''switch for worldwide distribution and will make Ascend one of its ten biggest customers, Plexus said in a news release. Plexus will manufacture for Ohmeda printed circuit assemblies for anesthesia products. Plexus shares were up one at 33-3/4.

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