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Technology Stocks : Ascend Communications (ASND)
ASND 212.00-0.6%3:59 PM EST

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To: Jorj X Mckie who wrote (60412)3/24/1999 9:19:00 PM
From: Jack Colton  Read Replies (2) of 61433
 
I think CSCO bought Stratacom because AT&T could not install them fast enough at the time. Who wouldn't want the political clout of saying "We power the AT&T frame network!"
I had a broker calling me every day, for information on Stratacom, and I watched the value of the stock soar 70% over the next 2 weeks.

Actually, there were a lot of reasons CSCO got Stratacom, and I think we are all touching on a few.

CSCO was very proud of Stratacom, right up until the whole AT&T network crashed.... and everyone has to admit just what went wrong...

Jack
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