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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (3989)10/21/1998 4:55:00 PM
From: Glenn  Respond to of 7247
 
Cool as a fool in a pool.
Thanks Tim.

I just got this from the WSJ. This is more of the technology that the networks seem to be after. With Bell Atlantic signing up, could Lucent find Ascend more attractive?

NEW YORK -- Ascend Communications Inc. (ASND) received a contract from Bell Atlantic Inc. (BEL) to supply Asynchronous Transfer Mode, or ATM, core and multiservice switching technology in order to combine data, voice and video services over a single network.

Financial terms weren't disclosed.

In a press release Wednesday, Ascend Communications said it will provide "key elements" of Bell Atlantic's long-distance network, which began construction in July.

Deployment of services over this network is subject to regulatory approvals, the first of which are expected to be received in the first quarter of 1999, Ascend said.

Ascend said its equipment will enable Bell Atlantic to interconnect with other carriers in its service region and around the world to offer customers "a seamless integration of local and long-distance data communications."

The new Bell Atlantic network will be able to support services such as virtual private networks, work-at-home and audio and video streaming over the World Wide Web, Ascend said.

The network will provide high-speed transport services, platform services like Internet access and backbone transport and a range of applications, such as Intranet/Extranets, electronic commerce and video conferencing.

The Bell Atlantic network is based on Ascend's GX 550 "Smart" Core and CBX 500 ATM switches. Bell Atlantic will deploy the GX 550 switches at a series of hub locations in major markets throughout its region including New York, Philadelphia, Washington and Boston.

The switches will be activated as soon as the company receives permission to enter the long-distance business, Ascend said.



To: Tim Luke who wrote (3989)10/21/1998 10:55:00 PM
From: HandsOn  Respond to of 7247
 
I'm going to put KNT on My coulda, woulda, shoulda list, You told Me to check it out!!!!!! I did ok Today with BMCS, SPLH and ATAC. As always Tim, thanks for sharing Your DD here. I just have to get My butt in gear and start doing DD on Your recommendations and following through. I sold BMCS Today, in last Fri. at 38 7/32 out Today at 47 7/8. Good luck to all here, I'm going on vacation next week so am looking for fairly safe small profit day trades or good positional trades the next 2 days until I get back to trading Nov 2. Keep an eye on SPLH, it's up about 15% this week and did not sell off Today after gapping this Morning.