Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary Korn who wrote (32916)	2/2/1998 7:42:00 PM
From: The Phoenix	Read Replies (2) \| Respond to of 61433

I wish the best to NN shareholders, but I do think the earnings shortfall could well be some confirmation that ASND picked up ATM market share in Q4, as surmised by ASND mgmt. Don't know how the Street will react, but hidden in the bad news is positive newsfor ASND, if anyone would take the time to do the analysis. Gary, I agree with you that NN will hurt tomorrow. I suspect it'll be trading in the high teens most of the day and if lucky they'll close at 20. As for your assessment of ASND and others picking up market share at NN expense, I believe the ATM business is the one area NN cited as doing well. I think this means good things for ASND, but I wouldn't be too quick to call this a victory over NN in the ATM business. Revenue for the Company's ATM products is expected to reach record levels again in the third quarter of fiscal1998. This will be the ninth consecutive record quarter for ATM revenue. Order intake for ATM equipment,driven principally by the MainStreetXpress(TM) 36170 Multiservices Switch, is expected to more than doublethe level achieved in the corresponding quarter last year. The Company's wide area network (WAN) packet business represented more than 50% of total revenue, up from 45% in the previous quarter. This resulted from growth in MainStreetXpress 36170 system revenue, which partially offset a revenue decline in the Company's more mature packet system, the 36120 MainStreet Packet Transfer Exchange frame relay system.

To: Gary Korn who wrote (32916)	2/2/1998 8:01:00 PM
From: Andreas Helke	Read Replies (2) \| Respond to of 61433

The NN press release says that ATM is at record levels but TDM and the former UB networks business is not doing well. Andreas

To: Gary Korn who wrote (32916)	2/2/1998 9:16:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 61433

I wish the best to NN shareholders, but I do think the earnings shortfall could well be some confirmation that ASND picked up ATM market share in Q4, as surmised by ASND mgmt. Don't know how the Street will react, but hidden in the bad news is positive news for ASND, if anyone would take the time to do the analysis. I'm not sure if this will be good for Ascend! Look at the whole sector today...when the market was way up? Not a good sign. Jeff