Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: djane who wrote (53135)	8/29/1998 7:00:00 PM
From: Joseph A. Aboaf	Respond to of 61433

The following might have been a first step? Joe Intel eyes corporate networks By Ben Heskett Staff Writer, CNET News.com May 5, 1998, 4:30 p.m. PT Chip giant Intel is making a play for corporate networks. The company announced an alliance with ATM (asynchronous transfer mode) specialist Fore Systems that will bring the high-speed technology to Intel's Ethernet-based switching devices. The deal brings low-end switches to Fore's product portfolio. Intel primarily has focused on low-end networking equipment until now, trying to gain market share over competitors such as 3Com and Bay Networks. Under terms of the deal, Fore will provide ATM technology so that Intel's Ethernet-based devices can tie into back-end ATM equipment in campus and enterprise network settings. "It's part of a step-by-step process" to grow Intel's networking business, according to Frank Gill, executive vice president for the company's small business and networking group. "We're very complementary." Intel, which has made a bet on next-generation Gigabit Ethernet technology, said the new ATM capability will not compete with the latest advancements in Ethernet. Mark Christensen, vice president of the company's small business and networking group, said gigabit-speed Ethernet largely will be used to connect large server system farms while ATM will provide a high-speed "backbone" for traffic to and from those computers. "This is a long-term alliance and multiple products will be coming out as a result of it," Christensen added. Fore already has in-house Ethernet technology it acquired from Alantec some time ago, but Fore's president and CEO Thomas Gill said Intel's devices will shore up the company's low-end and not compete with existing products. As part of the agreement, the two firms will jointly develop, market, and sell products, according to the executives. The first fruits of the partnership was announced by Fore, which will ship a new ES-2800 family of Ethernet-based switches that can handle 10-mbps and 100-mbps speeds. The new line essentially is a repackaged version of existing Intel products, according to executives. Related news stories ATM resurgence noted by networkers May 1, 1998 Intel updates network software April 7, 1998

To: djane who wrote (53135)	8/29/1998 10:59:00 PM
From: James A. Venooker	Respond to of 61433

Dear djane, Thank you for posting excerpts from that article, I found it very interesting. I have theorized that INTC might have to do something to build its pipeline, but didn't think INTC had the the balls (sorry, lack of a better term) to step into the arena, especially at the cost and their concurrent position as global dominators of the chip market. Either way, I have long positions in both, but it seems to reinforce just how strong of a takeover target ASND is and who would be willing to bid the shares up. Good Luck, Jamie