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


To: Sonny who wrote (52658)8/24/1998 11:29:00 AM
From: robert freda  Respond to of 61433
 
Here is the direct reason:

See Reuters story - preliminary report shows Cisco #1 in RAC sales, their share doubled this year.



To: Sonny who wrote (52658)8/24/1998 11:29:00 AM
From: Pat Hughes  Read Replies (2) | Respond to of 61433
 
<Dataquest said its preliminary second quarter data
confirmed that Cisco Systems Inc. had moved into the top spot in the market for remote
access concentrators, the equipment used by Internet service providers to handle incoming
calls from computer users.

Cisco showed explosive growth during the last year, nearly doubling its market share to become No. 1 in the hotly contested
Internet concentrator business, dislodging former leaders 3Com Corp. (COMS - news) and Ascend Communications Inc.(ASND - news) >

This is why we are down today. Coms took a hit at the same time.

Pat Hughes