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

To: hitesh puri who wrote (47887)	6/2/1998 1:11:00 PM
From: djane	Read Replies (2) \| Respond to of 61433

Does anyone else think the Sprint news today is very bullish for ASND? Sprint has been a CSCO shop for a long time so no surprise. The key is that it will put more pressure on other carriers to upgrade their systems sooner than anticipated. Check out the following quotes. from the Sprint press release: Sprint is able to deliver this revolutionary new capability because its network supports a seamless, integrated service to the desktop over an Asynchronous Transfer Mode (ATM) backbone network. This network fabric provides the speed, flexible bandwidth, scalability, service consistency, security and telephone voice quality that neither the Internet nor non-ATM-based networks can deliver. from the WSJ article today: Sprint will see plenty of competition. AT&T Corp., WorldCom Inc. and the Baby Bells are racing to upgrade their networks for data at a cost of billions of dollars. But those companies appear to be focusing on improving existing networks, while Sprint is proposing scrapping the old design for an entirely new system.