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


To: Gary Korn who wrote (37467)3/4/1998 12:35:00 PM
From: Dennis R. Duke  Respond to of 61433
 
A "Telecommunications Equipment" research report at Merrill Lynch released late yesterday says:

Front page of the report in the Highlights:

"ASCEND announced that ITC-DeltaCom, a Georgia based IXC, will deploy Ascend's CBX 500 Multiservice ATM switch to scale its existing Frame Relay network."

The detail on page two is:

"ASCEND (ASND, $34 1/16, C-3-2-9 [their opinion is not changed in this report]) announced that ITC-DeltaCom will deploy Ascend's CBX500 Multiservice ATM switch to scale its existing Frame Relay network. ITC-DeltaCom is an interexchange carrier (IXC) based in Georgia, and an emerging competitive local exchange carrier (CLEC). The company will also purchase Ascend's NavisCore and NavisXtend network management products."

Having this new hit 12,000 brokers is a good thing.

Dennis