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


To: Gary Korn who wrote (31099)1/20/1998 9:55:00 AM
From: Scott Stents  Read Replies (3) | Respond to of 61433
 
Now if this doesnt take the cake. My Jan 30 options - one of them was called away, but the others werent. How does that work?



To: Gary Korn who wrote (31099)1/20/1998 9:55:00 AM
From: fiberman  Read Replies (2) | Respond to of 61433
 
Does anyone know what ever happend to Chi-X? I guess

He hath escaped!!!!!!!



To: Gary Korn who wrote (31099)1/20/1998 10:02:00 AM
From: fiberman  Respond to of 61433
 
The following is from briefing.com about LU:

LUCENT TECHNOLOGIES INC. (LU) 75 7/16 CLOSED. This telecommunications equipment maker had a
very robust quarter in the period ended in December as earnings easily beat Wall Street estimates of $1.52 a share.
According to Lucent, it posted a fiscal 1Q operating net of $1.72 a share, twenty cents ahead of the First Call
estimate. In the year-ago period, it had earnings of $1.35 a share. Including a one-time charge of $427 million for
the purchase of Livingston Enterprises and a one-time gain of $95 million for the sale of its Advanced Technology
Systems unit, Lucent had a net of $1.21 a share. Revenues in the latest period rose 9.9% to $8.724 billion from
year-ago level of $7.938 billion, and on a continuing operations basis, revenues increased by 16%. Lucent said that
its performance in the latest period were helped by sales across all products lines, especially to network services
providers as the company recorded "robust sales of switching and wireless systems and software." During the
quarter, gross margins also improved, rising to 48.2% from 45.9% in the year-ago period, as the company
enjoyed record software sales, strong intellectual property revenues and managed to keep costs under control.
Recently, the stock has come under some selling pressure due to concerns that the selling cycle is being extended due
to the financial woes being experienced by customers in Asia, and deregulation uncertainties in the U.S. While
the latest results do not hint at these snags, the stock has retreated around 20% since reaching its high in
mid-October. This latest report should ease some of these concerns, although the true impact of Asia and the US
should be much more apparent in the company's fiscal 2Q.



To: Gary Korn who wrote (31099)1/20/1998 10:04:00 AM
From: pae  Read Replies (1) | Respond to of 61433
 
re: DSL. Could someone briefly summarize Ascend's competitive product position with regard to DSL and the Intel/Msft/Cpq DSL announcement? It seems that before a 56kb common standard is implemented, it will be almost as obsolete as a Pentium I. Any extrapolations about ISP adaption rates and pithy comments about bellatlantic stiffing the standard would be hugely appreciated also. Thanks.

Starved for bandwidth in bellatlantic's/adelphia's mushroom farm