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Technology Stocks : Ascend Communications (ASND)

ASND 204.41

-0.9%

3:59 PM EST

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To: dav who wrote (54791)	9/28/1998 2:54:00 PM
From: tech101	Read Replies (2) of 61433

ASND CEO Ejabat distances himself from one of LU's competitors as saying he not even knows the name of Advance Fibre communications Inc (AFCI). The following is from an article in Red Herring, August 1998 LUCENT UNBOUND ... Lucent still has areas that need to be addressed, and it acknowledges that mistakes have been made along the way. In addition to missing the early boat in data networking during the AT&T days, the company has lost to Ciena in DWDM, to Tellab (which announced in June that it would acquire Ciena) in digital transmission systems, and to Advanced Fibre Communications in digital connections between telephone service users and public telephone networks. ...... redherring.com

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