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Technology Stocks : Ascend Communications (ASND)

ASND 211.69

+5.1%

12:35 PM EST

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To: Sonny who wrote (52658)	8/24/1998 11:29:00 AM
From: Pat Hughes	Read Replies (2) of 61433

<Dataquest said its preliminary second quarter data confirmed that Cisco Systems Inc. had moved into the top spot in the market for remote access concentrators, the equipment used by Internet service providers to handle incoming calls from computer users. Cisco showed explosive growth during the last year, nearly doubling its market share to become No. 1 in the hotly contested Internet concentrator business, dislodging former leaders 3Com Corp. (COMS - news) and Ascend Communications Inc.(ASND - news) > This is why we are down today. Coms took a hit at the same time. Pat Hughes

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