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


To: polarisnh who wrote (48604)6/12/1998 1:52:00 PM
From: Mark Duper  Read Replies (1) | Respond to of 61433
 
It looks like we are the only networker weathering the day.

cbs.marketwatch.com

:)



To: polarisnh who wrote (48604)6/12/1998 7:45:00 PM
From: The Phoenix  Respond to of 61433
 
Steve,

Well, I've never been one to speculate. I doubt that Mory is blowing this deal off. Additionally, I don't remember Cisco ever staging a deal before for the sake of freezing the market or holding up valuations. Perhaps they have but I don't recall. Even if they have this deal appears to have some teeth as there are time commitments to deliver. In addition Cisco won the ATM piece of this network (beating out LU - I'm not sure if ASND was in there) with their new 8800/8600 ATM switches that they also announced at Supercom.

OG