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

To: Maverick who wrote (870)	1/8/1998 6:13:00 PM
From: P2V	Read Replies (1) \| Respond to of 1629

ASND has a Multi-Media Development Center in Tinton Falls, NJ. ((Software/Hardware Engineers jobs , etc )) careers.ascend.com MM

To: Maverick who wrote (870)	1/8/1998 6:47:00 PM
From: FISHERMAN	Respond to of 1629

Murray Hill in Newark, New Jersey is where the Bell Lab of LU Maverick- It used to be called Whippany, when I worked in that area.(Nothing like the city of Newark). Just wanted to express my thanks for your invaluable and adroit postings on this site. As an investor, your postings are invaluable to me, since you have such an in depth knowledge of the business. Please keep up the good work. tw

To: Maverick who wrote (870)	1/9/1998 8:58:00 AM
From: Jeff Jordan	Respond to of 1629

Friday, January 09, 1998<Picture>WAN Or Bust: Network Makers In Transition By Joe McGarvey January 6, 1998 12:15pm Inter@ctive Week Network equipment supplier Cabletron Systems Inc. last week announced it will cut 600 employees from its work force and shut down several facilities as part of a repositioning strategy. The news -- which comes shortly after Cabletron (www.cabletron.com) revealed that earnings will be below Wall Street's expectations for the coming quarter -- is the latest in a series of ominous events that suggest a network industrywide epidemic. In addition to the Cabletron layoffs, which were preceded two weeks earlier by the cutback of 280 jobs at Newbridge Networks Corp.'s (www.newbridge.com) enterprise division, disappointing quarters for 3Com Corp. (www.3com.com), Ascend Communications Inc. (www.ascend.com) and even powerhouse Cisco Systems Inc. (www.cisco.com) indicate that the networking industry, which once had the force of a runaway locomotive, is beginning to lose steam. According to projections from In-Stat, a Scottsdale, Ariz., research firm, the overall networking equipment market will grow only 16 percent in 1997. Although the projected $26.4 billion in annual sales represents an increase of close to $4 billion over 1996 figures, the growth rate is significantly lower than the 48 percent increase recorded in 1996, according to In-Stat's research. In fact, the revenue expansion rate of the networking equipment market between 1996 and 1997 will be the lowest in history, said In-Stat analyst Jeremy Duke, who added that Ascend and Cisco are, nevertheless, on track to grow at a rate several points higher than the industry average. While analysts and industry insiders disagreed on whether the slowdown represents the calming of an abnormally tempestuous market or a minor hiccup connected to depressed sales in Asian markets, almost everyone attributed some blame to the fact that the industry is in transition. "Things like enterprise switches, hubs and routers are quickly becoming commodity products," said David Passmore, president of Decisys Inc. As a result of the price squeeze, equipment makers are selling more gear but making less money. The good news for network equipment makers is that as the high-margin enterprise market appears to be all but tapped out -- with the possible exception of hybrid devices that perform both switching and routing functions -- a potentially richer vein awaits in the wide area network arena. "There is a tremendous opportunity for network equipment vendors to figure out how to sell to service providers," said Passmore. "You have 50 years worth of circuit switches that will have to be replaced by IP [Internet Protocol] technology."