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


To: Dennis R. Duke who wrote (42126)4/3/1998 4:19:00 PM
From: RobZ  Read Replies (3) | Respond to of 61433
 
Dennis,

Thanks for the UBS report. A couple of questions to consider: How widely known do you think these contract wins from GTE are? I wonder why ASND IR did not announce this. Were they holding back to tie it in with the conf. call? Why does UBS still rate ASND a "hold" even with this "new knowledge"?

Thanks again,

LONG ASND

RobZ



To: Dennis R. Duke who wrote (42126)4/3/1998 4:47:00 PM
From: Kenneth E. Phillipps  Read Replies (3) | Respond to of 61433
 
The post refers to the CLEC part of GTE and the ILEC part of GTE. What does CLEC and ILEC refer to?



To: Dennis R. Duke who wrote (42126)4/3/1998 6:04:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 61433
 
Dennis,

Based upon these rumors I decided to do some of my own dd. It does appear that these reports are correct. Apparently however this "falling out" was a mutual thing. It sounds like GTE had Cisco jumping through hoops and made promises they never kept. After spending significant $$$$ to address GTE's needs in a variety of ways which I wont go into, GTE continued to drag their feet and not deploy according per the contract and per verbal agreements. It sounds like Cisco was not interested any longer in spending a two dollars to make one. This is what I've been told. I hope Asnd and Fujitsu don't get taken down the same river, but it sounds like GTE is in a state of confusion.

Gary