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

To: Bindusagar Reddy who wrote (47507)	5/27/1998 1:25:00 AM
From: Bindusagar Reddy	Respond to of 61433

Some positive news from asia despite economic problems, networkers may not slow down along with other techs. Bay Networks Sees Big Opportunities In Asia Pacific LAS VEGAS, NEVADA, U.S.A., 1998 MAY 26 (NB) -- By Sasiwimon Boonrunag, Bangkok Post. Although the Asia Pacific region is in serious economic turmoil, Bay Networks, which is committed to a consistent channel strategy, sees this market as a big opportunity. Bay views the economic crisis in Asia as temporary and the opportunity in the region remained very strong, Bay Networks chairman, president and chief executive officer Dave House told Newsbytes. Private Sector Courted for Philippine Telephone Project MANILA, PHILIPPINES, 1998 MAY 26 (NB) -- By Jennifer Malapitan, Metropolitan Computer Times. The Philippines' Municipal Telephone Projects Office (MTPO) recently asked private enterprises to help in the establishment of telecommunication centers, where local residents can transmit voice, fax, and data. Estimated to cost US$2 billion, the "Telepono sa Barangay" (TSB) program will initially cover 1,136 rural barangays in 28 provinces, or 11 percent of the total number of barangays, in the country.