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Technology Stocks : Ascend Communications (ASND)
ASND 216.57+5.9%Nov 17 3:59 PM EST

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To: djane who wrote (45857)5/1/1998 4:46:00 PM
From: djane  Read Replies (1) of 61433
 
Briefing.com daily blurb on networkers. Check out the last comment

Brief: Another decent showing for the networkers with Ascend, Cisco, and Fore Systems gaining 1, 1 1/4, and 1 1/4 respectively... Xylan, for its part, added 23/32 after being reiterated BUY at Sutro & Co... Analyst there noted that IBM and Alcatel Alsthom will make significant orders for Xylan's OmniStack product... Cisco reported to be in heated battle with Lucent to win control over nascent Internet market known as "IP Technology" which joins phone calls with e-mail and other data on one network... At stake are annual sales of $65 bln by 2000.
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