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Technology Stocks : Ascend Communications (ASND)

ASND 235.39

+2.9%

Jan 23 9:30 AM EST

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To: Matt Meagh who wrote (55836)	10/12/1998 4:35:00 PM
From: mrclinton	Read Replies (1) of 61433

OK Gents here's the deal, Alcatel (enterprise) data networks resell Cisco kit to corporate customers, a nice chunk of business rumored to be 300 M US a year. 12% of Cisco EMEA revenue. Alcatel (Carrier) boys, however, sell Ascend (primarily MAX/TNT with a little ATM/FR)to telcos. Which space is Chambers and Co trying to chase? Who have they (the telco guys) announced technology agreement with to get IP into their Telco CO switches recently? Any wonder why Cisco are Pissed?

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