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


To: gbh who wrote (49208)6/23/1998 12:03:00 PM
From: Thomas M.  Respond to of 61433
 
From the article on the News Only thread:

...Cisco was willing to forgo competing in the core telecommunications markets for big phone switches and corporate phone systems. In return, Cisco wanted any potential partner to refrain from moving into Cisco's main product area: high-speed Internet switches. Lucent and Northern Telecom refused...

...Lucent filed a lawsuit against Cisco, accusing Cisco of infringing eight of Lucent's patents...

"Symbolically it's huge," Chambers said of the suit. "It shows that some companies don't have a way to compete in this new market."


ROFL! CSCO tries to preempt competition from LU, then accuses them of shying away from a fight. It's becoming clear to Chambers that LU hits at CSCO's strength, marketing muscle. Combine that with ASND's technological prowess, and we just might get a new Gorilla.

Tom