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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 197.59-0.8%Nov 7 3:59 PM EST

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To: Sector Investor who wrote (1395)4/23/1998 11:22:00 AM
From: Narotham Reddy  Read Replies (1) of 1629
 
Utendahl Capital issues Convergence Report

Thursday April 23, 9:41 am Eastern Time

Company Press Release

SOURCE: Utendahl Capital Partners, L.P.

Utendahl Capital Partners, L.P. Issues Networking And
Telecommunications Convergence Report

NEW YORK, April 23 /PRNewswire/ -- Michael S. Davies of Utendahl Capital
Partners, L.P., (UCP) issues today an industry report on the convergence of data
networking and telecommunications. The report offers buy recommendations on
Advanced Fibre Communications, Inc. (Nasdaq: AFCI - news), Ascend
Communications, Inc. (Nasdaq: ASND - news), Ciena Corporation (Nasdaq: CIEN -
news), Cisco Systems, Inc. (Nasdaq: CSCO - news), Lucent Technologies, Inc. (NYSE:
LU - news) and Tellabs, Inc. (Nasdaq: TLAB - news)

The report discusses the trends, issues, and driving forces surrounding the convergence
of data and voice networks. Topics include: analyses of market segments such as ATM
and DWDM; core competencies of industry players; performance metrics of business
models; product performance benchmarks; valuation analyses; and earnings models.

50 page industry report available.

Note: This material is based on data from sources considered to be reliable. Utendahl
Capital Partners, L.P. (UCP) does not represent that it is accurate or complete and should
not be relied upon as such. This information is not intended to be used as the primary
basis of investment decisions. Because of individual client risk and return requirements
and client investment constraints, this material should not be construed as advice
designed to meet the particular needs of any investor. This information is not a
representation by us or an offer to buy or sell any security. Any opinions expressed herein
are subject to change and UCP disclaims any obligation to advise you of any such
change. From time to time, UCP, its affiliates, their respective directors, officers,
employees or members of their families may have long or short positions in, and buy or
sell, the securities of issues referred to herein.
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