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


To: Todd N who wrote (52285)8/18/1998 9:24:00 PM
From: drdan  Read Replies (1) | Respond to of 61433
 
Hmmm.....this is the kind of thing that anti- ASNDers use to bring down the stock price.....eventhough the IT service is tiny someone MAY make a big deal of this. Do we get a dip tomorrow, then?




To: Todd N who wrote (52285)8/18/1998 11:10:00 PM
From: Bindusagar Reddy  Read Replies (1) | Respond to of 61433
 
The glitch was only temporary, the A+net is up and running(update)
Tuesday August 18, 9:11 pm Eastern Time

Internet phone service hits glitch
on day one

(Updates with service up and running)

PALO ALTO, Calif., Aug 18 (Reuters) - A+Net, a California Internet service
provider, on Tuesday announced the test launch of an Internet telephone
service that will enable customers in four U.S. cities to make long-distance
calls at very low rates.

There was just one problem -- the service didn't work for a few hours after
the announcement was made.

The company said it crossed signals with its partner, Ascend
Communications Inc. (ASND - news), which had planned a software upgrade
on the launch day.

However, Ascend said later Tuesday that there had been no failure with the
service, which had been down only for routine maintenance. The company
said it was back up and running by the end of the day, and receiving strong
interest from customers.

A+Net is touting the system as one that will revolutionize the way
long-distance calls are made.

Unlike many services being developed to transfer voice over the Internet,
A+Net says its system is especially light on technology. The user on the
receiving end of the call does not even have to have a computer for it to
work.

The service is available to all A+Net's customers, who can call anyone in
four test cities: San Diego, New York, Alexandria, Va., and Atlanta.

The initial cost of the service was set at one cent per minute, although
A+Net said it would raise that to around five cents once it has gotten all the
bugs out of the system.

More Quotes and News:
Ascend Communications Inc (Nasdaq:ASND -
news)

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