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Technology Stocks : Ascend Communications (ASND)
ASND 212.48+0.1%11:50 AM EST
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To: Mark Duper who wrote (56235)10/20/1998 3:40:00 PM
From: dykerted  Read Replies (3) of 61433
 
"We have only just started doing these loans,"
Ashby says. This is because CLECs are forcing
Ascend to match bids by rivals including Lucent
(LU:NYSE), Northern Telecom (NT:NYSE) and
Cisco (CSCO:Nasdaq), according to Ashby.

I thought I heard Mory say this morning on CNBC that they have been doing this for several years? (or was he referring to the practice of
deferring revenues?)
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