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

To: George Coyne who wrote (36157)	2/24/1998 7:28:00 AM
From: Philip W. Dunton, Jr	Respond to of 61433

Interesting article entitled "Gloves Are Off In Market Pitting Ascend and Cisco" in today's Investor's Business Daily on page A8. PD

To: George Coyne who wrote (36157)	2/24/1998 7:37:00 AM
From: FUZFO	Read Replies (2) \| Respond to of 61433

Briefing.com pegs next resistance @ $42. From briefing.com: "Computer Networking Brief: Briefing reiterated its 3/2 rating on the group yesterday afternoon... For the full Brief, see Sector Ratings... Newbridge Networks slipped 1/16 ahead its earnings report due out today... Company expected to earn $0.07 in the quarter... Ascend continued its slow but steady recovery, adding another 1 1/4 to 36 3/4... Next resistance at 42... Vanstar added 11/16 ahead of earnings due midweek." Fuz

To: George Coyne who wrote (36157)	2/24/1998 7:43:00 AM
From: Narotham Reddy	Read Replies (1) \| Respond to of 61433

The bottom line of IDB article "The price cuts ... remain a wild card", IDC's Baldwin said. "They can't be engaging in these ridiculous wars. Otherwise, I see clear sailing ahead for Ascend in 1998". "This year will be key for Cisco in terms of market share, to show they can gain in the carrier market", said Kiran Narsu, an analyst with Giga Information Group in Cambridge, Mass. "The much smaller Ascend,, though might be able to keep Cisco blocked". "If anything, Ascend has already hit their low", said Tam Dell'Oro, principal market researcher. They are getting stronger". "Ascend has pulled ahead of Cisco in remote access, says Dataquest. Ascend's market share rose to 27,4% in 1997 from 11.2% in '95. Dataquest says Cisco's rose to 18.1% from 11.1%. Ascned the leader because of its dominance among big customers. "Cisco is a very big company, and they have tremendous installed base", Dell'Oro said. "But if you look at what AScend did in 1997, they gave product away to keep hold of their accounts. That goes a long way. I think they probably bought a goodwill". "Several analysts give Ascend/Cascade merger high marks. It's dominant Frame Relay has more than one-fouth of the market share and has more than doubled its '95 share." "Ascend plans to release a spate of new products in its remote-access stronghold this year". According to Ascend's CEO Ejabet, Ascend plans to appeal to the market with its new Gx550 ATM core switch. This is scheduled to be released before April, and will be Ascend's key product. The new product which costs, $100,000 to 700,000 could help Ascend recover, analyst say. Narotham