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


To: blankmind who wrote (619)12/1/1997 11:21:00 AM
From: Sector Investor  Respond to of 1629
 
Tony Perkins of Red Herring calls ASND a "Second Tier, Niche player"
(them's fightin' words).

Permission granted from CNN to redistribute limited portions (less than 250 words) as long as they provide conspicuous attribution to CNN as the originator and copyright holder of such material.

Tech.-Stocks.-Cont./Call

JOHN DEFTERIOS, CNNfn ANCHOR, DIGITAL JAM: I'm John Defterios in
New York with Tony Perkins of The Red Herring Magazine. He's out in
San Francisco. We're taking your calls. 1-800-304-FNET (20:11:00)
is the number. We are being flooded right now, Tony. The first
caller is from Connecticut. It's Robert on the line for you. Go
ahead, Robert.
...

DEFTERIOS: We're going (20:13:30) to sweep through the South
here. We're going to go to Texas. We've got Taz on the line for
you. Hi, Taz.
CALLER: Hi. Tony, in-line with the technology stocks, Ascend
(Company: Ascend Communications; Ticker: ASND; URL:
ascend.com (20:13:40) has been under pressure for the
last, I guess, three or four months. What is your prognosis? When
do you think they'll be out of the doldrums?
PERKINS: We've been (20:13:50) saying that networking sector in
general, will be the great growth sector in 1998. Ascend, of
course, is a second tier player, (20:14:00) more of a niche player
compared to the Ciscos and the 3Coms (Company: 3Com; Ticker: COMS;
URL: 3com.com but we think it's a leader in its
categories. It's a good stock but the other thing we're seeing is
more (20:14:10) monopolies really being solidified more quickly
than we had thought. Oracle (Company: Oracle Systems ; Ticker: ORCL
; URL: oracle.com is solidifying its position in the
data base markets. Cisco is clearly going to continue to dominate
networking. (20:14:20) Intel, of course, though, it's tough for the
Ascends to do too much damage to the Ciscos, but as a second tier
networking stock, (20:14:30) it should experience good growth in
'98.

DEFTERIOS: OK, Tony, we have to leave it right there. Thanks for
joining us.



To: blankmind who wrote (619)12/1/1997 2:03:00 PM
From: Maverick  Read Replies (1) | Respond to of 1629
 
Frontier FR Services uses over 12 ASND B-STDX 9000 FR switches
Vendor: Frontier Corp., 716-777-1000, frontier.com
price: $151/mo. access charge for a typical 56/64 Kbps port; $48 per month for 1 32 kbps duplex PVC.

Rochester, N.Y.- This is a FR service for the continental US. Frontier network is based on over 12 Ascend B-STDX 9000 switches. The carrier offers access speeds from 56/64 Kbps to T1 and PVCs from 3 kbps to T1. Contract rates are available on 1-to-5-year term.

This Ads is from Data Comm magazine 11/97