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Technology Stocks : Ascend Communications (ASND)
ASND 201.08+2.6%Nov 11 3:59 PM EST

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To: H.A.M. who wrote (57449)11/24/1998 11:09:00 AM
From: H.A.M.  Read Replies (1) of 61433
 
ATM WAN Equipment Continues to Drive ATM Revenues In Q3 1998

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 24, 1998--Cahners In-Stat Group reported that the total ATM equipment market in Q3 1998 totaled $690 million, a 3% sequential decline over Q2 1998.

The ATM WAN equipment market represented over 68% of the total ATM sales in Q3, while ATM LAN switches represented 30 percent of sales. The ATM NIC market remained flat, representing only 2% of total ATM sales.

"The primary drivers for ATM in the WAN are the demand for Frame Relay, and service providers strategically positioning their network infrastructures to be competitive in emerging broadband services," explained Jeremy Duke, director for Cahners In-Stat Group's Networking Services.

"This lucrative and highly competitive market is being battled for by four powerhouses, Cisco, Newbridge, Ascend and Nortel with respective Q3 98 sales market shares of 24.8 percent, 20.6 percent, 18.2 percent and 15.8 percent."

Although the wide scale deployment of Ethernet switching in enterprise networks continues to drive the ATM LAN switch market, sales and port shipments were down in Q3. ATM LAN switch sales declined by 10% sequentially, while ports declined by 5% in Q3 over Q2. Fore Systems maintained the number one ranking in the ATM LAN market with over 33% market share, followed by Cisco, Nortel Networks and IBM with respective shares of 28%, 11% and 10%.

Q3 1998 ATM Market Analysis, Report No. CQ9804M4, includes detailed market shares and a rolling three-quarter forecast of the ATM Equipment Market. The report is priced at $2,995, which includes analyst inquiry privileges on topics covered in this report.

To purchase this report, or for more information on Cahners In-Stat Group's services, contact Linda Morganstern at 408/345-4449 (FAX: 408/345-4400, email: lmorganstern@cahners.com). Press may contact Jeremy Duke at 602/483-4471 for discussions of the report.

Headquartered in Newton, Mass., Cahners In-Stat Group is a high-technology market research firm with comprehensive understanding of computer and convergence, networking, wireless, telecommunications, Internet, enterprise software, and semiconductor market. Offices are also located in Scottsdale and San Jose, Calif.

Cahners In-Stat Group, formed by the merger of In-Stat and Business Research Group, is part of Cahners Business Information, the largest publisher of specialized business publications in the United States, and a division of Reed Elsevier. Visit Cahners In-Stat Group online at instat.com.

CONTACT:

Cahners In-Stat Group

Jeremy Duke, 602/483-4471

email: jeremyd@instat.com

Karen Martin, 602/483-4442

email: karenm@instat.com

Chris Hecht, 602/483-4443

email: chrish@instat.com

KEYWORD: ARIZONA MASSACHUSETTS CALIFORNIA

BW1070 NOV 24,1998

5:25 PACIFIC

08:25 EASTERN

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