Ascend Communications-News Only!!! (ASND) Message Board

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

ASND 197.71

+0.1%

1:00 PM EST

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To: gbh who wrote (1459)	6/6/1998 9:39:00 AM
From: Duke	Read Replies (1) of 1629

From Briefing.com: Computer Networking Brief: The names may have changed, but the game remained the same... Alcatel-DSC deal got investors' hearts racing again as they were rushing to find the next telecom/networking target... Networkers soared with Ascend, Bay, and FORE-- the most likely takeover candidates-- leading the way... Industry leader, Cisco, rallied more than two points... Vanstar and 3Com were each up more than one... Latter said it would be hiring a new executive to manage day-to-day operations, relieving Eric Benhamou of some responsibilities... In related industry news, the WTO reversed a ruling on EU-Computer Networking tariffs... In doing so, European Union nations can continue to impose tariffs on U.S. networking equipment exports ahead of a July 1, 2000, deadline for eliminating all such tariffs.

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