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

To: gbh who wrote (39611)	3/17/1998 4:33:00 PM
From: Hien Le	Respond to of 61433

16:24 [BAY] BAY NETWORKS SEES ACCELAR REVS INCREASING, NEW PRODUCT INTRODUCTION 16:24 [BAY] BAY NETWORKS SEES MARKET CONDITIONS TO BE COMPETITIVE IN FUTURE. 16:23 [BAY] BAY NETWORKS SAYS PLEASED WITH ACCELAR PRODUCT LINE. 16:22 [BAY] BAY NETWORKS SAYS Q3 CHARGE ON R&D FROM RECENT ACQUISITIONS. 16:22 [BAY] BAY NETWORKS SEES Q3 CHARGE OF $154 MLN, OR 67 CENTS/SHARE. 16:21 [BAY] BAY NETWORKS SEES Q3 GROSS MARGIN LOWER THAN Q2 51.5% LEVEL. 16:20 [BAY] BAY NETWORKS CITES WEAKER DEMAND IN MANY CUSTOMER SEGMENTS. 16:20 [BAY] BAY NETWORKS SEES Q3 REVS DOWN 10% FROM Q2 REVS OF $645 MLN. 16:19 [BAY] BAY NETWORKS SEES Q3 REVS, OPER INCOME LOWER THAN PRIOR GTR.