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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Gary Korn who wrote (24503)	11/24/1997 4:40:00 AM
From: Thai Chung	Respond to of 61433

To ASND fans, if i'm not wrong this news from WSJ is related to ASND. The Internet promises other savings, too. According to the International Telecommunications Union, the Geneva-based association of the world's traditional phone companies, it costs 15 cents to switch a kilobyte of data using traditional means, but only four cents via so-called Internet packet-switching. And because the Internet is a network of many, many interlinked networks, even tiny providers can plug into its vast geographical reach without making massive investments of their own. Such cost savings have prompted Internet moves by other major telecommunications companies, such as WorldCom Inc. of the U.S. It plans to take renewed aim this winter at the fax market, which has annual world-wide revenue of $38 billion -- by offering an Internet-based offering that's 35% to 55% cheaper than traditional faxing.