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

To: Bindusagar Reddy who wrote (51211)	8/2/1998 11:29:00 AM
From: Tim Luke	Read Replies (2) \| Respond to of 61433

foget about LU, ASND is still a good buy at 40,50 or even 60.

To: Bindusagar Reddy who wrote (51211)	8/2/1998 1:25:00 PM
From: Bindusagar Reddy	Respond to of 61433

Taiwan - Ascend To Bring Faster Connections To SpeedNet 07/07/98 HONG KONG, CHINA, 1998 JUL 7 (NB) -- By IT Daily. Ascend Communications [NASDAQ:ASND] has signed an agreement with Taiwan's second largest Internet service provider (ISP), SpeedNet, to upgrade its Max 4000 to Max TNT and Max 6000 wide area network (WAN) access servers to provide faster connections for its users. Under the agreement, SpeedNet will also buy 15,000 dial-up ports from Taiwan-based Phitech Technologies, dramatically upgrading the capacity and throughput of Internet access for users. The Max TNT is claimed to be the industry's highest density carrier- class WAN access switch and is able to support high volume, multi- service access requirements. The Max 6000 is Ascend's new mid-range access switch offering a three-fold increase in data throughput over the Max 4000. SpeedNet General Manager Jeff Chen said: "Internet usage is booming in Taiwan and the number of subscribers of SpeedNet is growing tremendously. In order to provide a high quality network service, SpeedNet has been expanding its bandwidth and equipment aggressively." Reported by Newsbytes News Network newsbytes.com (19980707/WIRES TELECOM, ASIA, NETWORK/)