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

To: Gary Korn who wrote (35600)	2/20/1998 12:51:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 61433

Gary, Sell short CFON!!!!last chance! Jeff

To: Gary Korn who wrote (35600)	2/20/1998 4:00:00 PM
From: Dennis R. Duke	Respond to of 61433

Since I was out yesterday I almost missed this. Check page B20, Yesterday's Wall Street Journal, Western Edition. Titled "Bells Seek Advanced Data Networks, Entry Into Long-Distance Business". The RBOC's want in! A couple of points, and hopefully our better news clippers can find the whole article: "Last month, Bell Atlantic..., asked FCC for permission to carry long-distance data traffic over an internet backbone...citing a little -known section of the Telecommunications Act of 1996 that requires the FCC to take steps to speed the development of high-speed data service." "If the Bells win permission to carry data services throughout their home territories, it could spell trouble for long-distance giant AT&T Corp. That's because the Bells will go after AT&T prized residential base low-cost Internet access." "But some industry executives said the Bells' petitions aren't likely to win approval. {analyst} noted the FCC is torn between encouraging the development of new and bigger data networks and "keeping the Bells' feet to the fire on opening up their local networks."" So, I conclude the RBOC's want what we got, but need to get a favorable approval from the FCC to move forward. Did I miss something. There is no mention of ASND here, but it sound like our play. Dennis