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To: Glenn McDougall who wrote (6465)9/12/1998 2:01:00 AM
From: Glenn McDougall  Read Replies (1) | Respond to of 18016
 
To: dav (54096 ) ASND
From: david jung
Friday, Sep 11 1998 8:47PM ET
Reply # of 54100

Ericsson on the move
europe.cnnfn.com

..."Earlier this year, Ericsson passed on an opportunity to acquire Bay Networks
(BAY). But Cavallone said another major data-networking company could make a
good fit with Ericsson.
<Picture>"A company that comes to mind is Ascend," he said. "Their name is always
mentioned when it comes to these deals."
<Picture>Ascend Communications Inc. (ASND) recently acquired Stratus Computer
Inc. (SRA), a developer of technology that allows telephone carriers to offer services
such as caller ID and call forwarding over data networks using Internet technology.
Some analysts have said that deal makes Ascend even more attractive to potential
buyers from the telecom sector.
<Picture>For now, however, Cavallone said Ericsson will likely be satisfied with making
smaller deals along the lines of Wednesday's Advanced Computer deal."...