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: Bindusagar Reddy who wrote (57482)	11/25/1998 8:21:00 AM
From: Mark Duper	Respond to of 61433

Hi guys, this is an exchange I had with a buddy of mine at BAY on the rumor of ASND stealing Worldcom from BAY : (Italics below is his response) BTW, this is the word on the street: > > > By Andy Kessler > Special to TheStreet.com > 11/24/98 10:10 AM ET > > > Now, the word on the Street has it that Bay has lost > MCI WorldCom's (WCOM:Nasdaq) huge > frame-relay equipment business to > Ascend/Cascade, thanks in part to Bay's having > been distracted by its merger with Northern > Telecom (NT:NYSE). And speaking of synergy, > WorldCom itself has seen an exodus of top > marketing brains from MCI in another financial > merger that has yet to prove itself. What a tangled > mess. I could see how the word on the street might make this connection. But the loss of business in this case is due to why business has been lost in the past, not due to distractions of the merger. Believe it or not, the merger has been extremely transparent to the various "LOB"s, much to the delight of the employee base. So, this time anyway, the word on the street is incorrect. I'm sure that Nortel people would say that any new "wins" would be due to the successful merger but that would be wrong too. Hey, the spin doctors have to do something with their time. Sup.