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

To: Tom Gebing who wrote (57707)	12/2/1998 10:11:00 AM
From: Mr.Fun	Respond to of 61433

This is an entirely separate China deal. The deal last week was with China Post, the Chinese postal service, for about $10-20 million of BSTDX 9000 edge switches. That deal was split 3 ways, with NN getting the core, and Lucent the on premises equipment. It is roughly analogous to a very large private ATM network, with some potential of resale of services. Yesterday's deal is an extention of the provincial network in Zhejiang province, which is a fairly important province businesswise. In this contract, Ascend has the whole shooting match - edge, core, and premises. Figure the contract at about $20 million.