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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (4800)	10/24/1998 4:26:00 PM
From: lkj	Read Replies (2) \| Respond to of 21876

Hi, Does anyone know the exact detail on the Lucent/Philips joint venture? Philips and Lucent have announced that this joint venture is coming to an end. I think that I read somewhere that Lucent has taken a one time charge on this. Does this mean that Lucent is taking back its portion of the telephone business or it is writing off its 40% stake in the joint venture completely? Thanks, Khan

To: pat mudge who wrote (4800)	10/24/1998 10:41:00 PM
From: Mr.Fun	Read Replies (1) \| Respond to of 21876

Pat, thanks for your kind response. Vertical Systems publishes on a yearly basis. Ascend's major contracts did not begin shipping until CY1998, thus Vertical is a little behind. In Q2, as reported by both Cahners-InStat and Dell'oro, Ascend had overtaken NN. This matches my intuition, given the volume of contracts Ascend is deploying right now, vs. those being deployed by NN. Also note, when NN reports its ATM/FR numbers (the best way to consider it), it includes some mainstreet 3600 systems with frame capability. While NN is a strong player due to its formidable installed base, it is nonetheless behind Ascend in technology, and recent contract wins. In true jump ball situations, where incumbency is not a factor, Ascend has won 7 of 7 contracts awarded in the last 12 months or so. (Williams, Level3, Qwest, Frontier, Brooks Fiber, AT&T core ATM, NTT) By the way, If you check back to my original post, I credited NN with DT. GTE has not put out a press release, but has installed over 100 nodes of Ascend ATM. I hadn't heard confirmation on Bell South International, but congratulations to NN sales if it is true. Contacts inside both MCI and WorldCom all but guarantee frame and ATM will move over to the Ascend based WorldCom network, but there has been no " official announcement" or major new shipments.