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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Steve Lee who wrote (48217)6/7/1998 8:22:00 AM
From: Terry Audette  Read Replies (2) of 61433
 
If this, posted from CS thread, is true it will take all networkers
down.
To: Yujin Maison (3862 )
From: Yujin Maison Saturday, Jun 6 1998 9:30PM ET
Reply # of 3881

Report from Networld/Interop Japan. Our counter part in Japan interview with executive of key network player, include CS. Executive in CS Japan mentioned that their revenue down 75% from last quarter. Cisco is also down revenue 30% because too much inventory build in channel pipe line. CS had same and must reverse revenue because cancellations. This is the worst.
President of 3 Com Japan has been resigned because revenue short fall.

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