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

To: Mighty Mizzou who wrote (51418)	8/3/1998 1:13:00 PM
From: Robohogs	Read Replies (1) \| Respond to of 61433

Dow Jones News Service via Dow Jones NEW YORK (Dow Jones)--Ascend Communications Inc.'s (ASND) plan to acquire Stratus Computer Inc. (SRA) will help the company build its next-generation networks, according to Ascend Chief Executive and President Mory Ejabat. "What we can bring together with them is a migration path from the old circuit-switch network, voice network to a new generation network," Ejabat said in an interview on CNBC Monday. Central to this transition, will be Stratus' SS7 signaling technology, which the executive characterized as a "jewel within their technology." The SS7 signal acts as a gateway controlling network traffic, and will be a key component of the so-called new generation networks, which will also feature voice and data. With the acquisition of Stratus, Ejabat said Ascend will have "the majority of the components to complete the architecture" for the networks. The acquisition will also help Ascend build its profits, Ejabat said. He expects the deal to be accretive to earnings, beginning in the first quarter of 1999. As for rumors that Lucent Technologies Inc. (LU) is interested in buying Ascend, Ejabat said he isn't in talks with that company.