Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 199.96

-0.6%

Nov 12 3:59 PM EST

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To: Finder who wrote (60020)	2/18/1999 4:32:00 PM
From: hitesh puri	Read Replies (2) of 61433

ASND was up partly because the concerns regarding PSINet using Cisco's AS5800 were laid to rest. Cisco is one of the vendor that PSINet uses in its multivendor solution. And as I had noted earlier, when Cisco very grandly announced the PSINet contract, that it does not matter since ASND had 80% of the PSINet contract and thats pretty much the max they were going to award one single vendor. Ascend got the cake and Cisco got the crumbs. Simple. And the LU split is also helping. biz.yahoo.com -hitesh

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