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


To: Larry J. who wrote (1123)2/5/1998 4:42:00 PM
From: blankmind  Read Replies (2) | Respond to of 1629
 
World Trade Organization Rules in Favor of US Networking Companies
Thursday February 5, 12:28 pm Eastern Time

Cabletron Welcomes the Decision in the WTO Case Brought Against
the European Union by the US Trade Representative

ROCHESTER, N.H.--(BUSINESS WIRE)--Feb. 5, 1998-- Cabletron Systems
(NYSE:CS - news) announced today that it welcomes the decision of
the World Trade OrganizationUs (WTO) dispute resolution panel that
the European Union (EU) acted illegally when it changed the customs
classification and nearly doubled the tariffs on computer
networking equipment. The company anticipates that the EU will now
repay the manufacturers of computer networking equipment who have
been burdened with improper tariffs over the past three years.



To: Larry J. who wrote (1123)2/5/1998 9:10:00 PM
From: Maverick  Read Replies (1) | Respond to of 1629
 
WORLDCOM INC applied with Japanese regulators for a licence to
offer local and long-distance telephone services in the Japanese
market. The company, based in Jackson, Mississippi, will lay its
own fibre-optic cable network in Tokyo and then spread to other
regions of the country if they are believed to be profitable,
Steve Liddell, president of WorldCom Asian Pacific Ltd told
reporters in Tokyo. (Reuters 05:14 AM ET 02/05/98) For the full
text story, see
infobeat.com
[WCOM's UUnet and NTT have been ASND's customers. I hope ASND will use ASND's NW gear for this new endeavor]