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Technology Stocks : ASCEND 1997 : The reasons why it will descend.
ASND 212.50+1.5%Dec 24 12:59 PM EST

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To: Dee Jay who wrote (68)1/25/1997 2:01:00 AM
From: LEUTHY   of 122
 
Dee, >> Why among these network product stocks did ASND act demonstrably different from the rest?

It 's a question of time ...

ASCEND will have many margins problems this year because of increased competition. And GRF 400 won't be a product that will live 2 years
without any reaction from others :

As an argument, read the following :


"
( BW)(3COM/CASCADE/IBM)(COMS)(CSCC)(IBM) ADVISORY/ "New Dimensions
in Networking" press conference invitation


Business/Technology/Assignment Editors

ADVISORY...for Tuesday (Jan. 28)


--(BUSINESS WIRE)--



On Tuesday, Jan. 28, 1997, three networking industry leaders --
3Com Corp., Cascade Communications Corp. and IBM -- will hold an
important press conference.

3Com's Chairman and CEO Eric Benhamou, Cascade's President and
CEO Daniel Smith and General Manager of IBM's Networking Hardware
Division Lutz Hahne will announce significant plans to speed access
to the Internet and accelerate corporate Intranets with IP switching
technologies.


When: Tuesday, Jan. 28, 1997

8:30 Breakfast

9:15 - 10:30 Press Conference

10:30 - 11:30 Technical Break-out Session


Where: Omni Berkshire Hotel

21 East 52nd Street

New York, NY 10022

212-753-5800

Carnegie Room



RSVP: Beth Morrissey, The Weber Group, 617/520-7246

Eric Eddy, The Weber Group, 617/520-7205


--30--mp/bos*


CONTACT: The Weber Group

Beth Morrissey, 617/520-7246

or

Eric Eddy, 617/520-7205


KEYWORD: NEW YORK

INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERENT ADVISORY

REPEATS: New York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or
800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

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