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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (1479)	11/24/1998 10:26:00 AM
From: George A. Roberts	Read Replies (2) of 14638

Got this off Street.com. I dont know if it it true or old news but I am posting it just in case. >>Bay Networks, which combined Synoptics and Wellfleet, had huge problems integrating the Boston 128 and Silicon Valley cultures, product lines and time zones. But obviously, West Coast-based Ascend (ASND:Nasdaq) wasn't paying attention, since it bought East Coast Cascade just as Cascade's ATM switching business started deteriorating, dragging down the combined company. Now, the word on the Street has it that Bay has lost MCI WorldCom's (WCOM:Nasdaq) huge frame-relay equipment business to Ascend/Cascade, thanks in part to Bay's having been distracted by its merger with Northern Telecom (NT:NYSE). And speaking of synergy, WorldCom itself has seen an exodus of top marketing brains from MCI in another financial merger that has yet to prove itself. What a tangled mess.>>

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