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

To: Tim Luke who wrote (53921)	9/9/1998 9:31:00 AM
From: Lee Ring	Read Replies (1) \| Respond to of 61433

These two articles could portend well for ASND. Lee Dataquest forecasts Internet server market growth SAN JOSE, Calif. (Reuters) - The worldwide Internet server market is expected to grow 114%, with revenues reaching $13.27 billion in 1998, according to Dataquest Inc., a unit of Gartner Group Inc. The market experienced explosive growth of 276% in 1997, with revenue reaching $6.21 billion, Dataquest said. In 1997, the worldwide market leader was Sun Microsystems Inc., with revenues accounting for 22.3% of the market, followed by Hewlett-Packard Co. with a 19.6% market share. Europe said to embrace Internet, close in on U.S. PARIS (Reuters) - Europeans, long branded as no-hopers and laggards in the world of high technology, have started to embrace the Internet and close the gap with the U.S. "Europe is growing faster than anywhere right now," Patrick McGovern, chairman of U.S. high technology consultancy IDC told his company's annual European Information Technology Forum. "Europe has been somewhat comatose in its embracing of the Internet. What a difference a year makes," IDC Senior Vice President Frank Gens said in a speech to the meeting. Bill Gates, Chairman of Microsoft Corp. appeared less sure. In a speech, Gates said Microsoft needed to reach out to get the measure of the European market.