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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Mighty Mizzou who wrote (8349)	6/28/1999 1:40:00 PM
From: William Hunt	Read Replies (2) \| Respond to of 21876

Thread ---Lucent details plans for Ascend By Ben Heskett Staff Writer, CNET News.com June 28, 1999, 5:05 a.m. PT Telcom equipment maker Lucent Technologies today will detail its plans to integrate the $24 billion worth of technology it purchased from Ascend Communications, promoting itself as a provider of networking gear for the Internet. Lucent's strength has been in providing the back-end equipment that makes voice networks run smoothly. But with the growth of Net traffic, the company is looking to be the leader for technology that can work with the new networks run by Internet service providers and communications companies. To further that goal, the firm announced plans to purchase Ascend in January, a deal finalized last week following a shareholder vote. Today, a scheduled event in San Francisco will showcase Lucent's plans for Ascend, as well as Nexabit Networks, the high-end equipment start-up it purchased last Friday for $900 million. The marriage of phone and data networks is one of the biggest trends in the networking industry. The growth of the Internet has forced communications companies to alter their network build-out plans to include a larger amount of Internet-based equipment able to carry data "packets" at a high speed. With Ascend, Lucent will be able to better compete with the likes of Cisco Systems and Nortel Networks, among others, in its bid for a piece of the Internet equipment pie. Lucent will slice the technology it has acquired into five segments. The firm plans to focus on the Internet core, using voice-on-data networks, facilitating secure connections over the Net using virtual private networking (VPN) technology, associated services, and advanced uses of Internet protocol (IP)-based software, according to a Lucent spokeswoman. For the high-end market, Lucent now has several weapons, including its own IP and asynchronous transfer mode (ATM)-based network switches, as well as those of Ascend, and the speedy routing technology it acquired from Nexabit. Nexabit's switching technology is currently in tests. After last week's Ascend shareholder vote, Lucent chief executive Rich McGinn said the addition of the Alameda, California-based firm will allow Lucent to offer a "soup to nuts" approach. "Lucent now stands head and shoulders above the competition in its ability to deliver end-to-end, communications networks to service providers," said McGinn. Ascend is now part of Lucent's newly crafted InterNetworking systems unit. Separately, Lucent and competitor Cisco announced late last week that they have ended an ongoing patent infringement suit and plan to cross-license technology as part of the settlement. BEST WISHES BILL

To: Mighty Mizzou who wrote (8349)	6/28/1999 5:04:00 PM
From: The Phoenix	Respond to of 21876

Mizzou, When a carrier or large enterprise selects an IP telephony solution that is an attack on traditional telephony business. So, any wins by CSCO would be considered a win for IP telephony, and a loss for circuit switching...LU's core business. On the other hand, LU's purcahse of Nexabit is...so far... LU's plan to attack CSCO..however this is in the CORE IP network an area that CSCO is already fighting in. I think in order to really take CSCO's legs out LU has to go after CSCO core revenue generator - the mainstream enterprise...LU hasn't shown any desire to do this. Here are a few data points Mizzou. To be sure these aren't huge carriers, but CSCO is working the telephony space while LU has shown little desire to confront CSCO on their turf. cisco.com cisco.com cisco.com cisco.com There's more..just go look for yourself. This is the core issue I have with this competitive situation...CSCO is fighting the battle with LU in LU's market....even a small win is a win for CSCO while it's a loss for LU. See what I mean Mizzou? Show me where LU/ASND are taking business from CSCO in the enterprise.... OG