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


To: Mighty Mizzou who wrote (59769)2/5/1999 1:02:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 61433
 
Your rant set aside.. I can understand your intensity given the loses you must be experiencing. However do you really believe that Cisco's announcement has the market in turmoil? If you believe this then you should share my position that we want all the networkers to post good earnings...but instead you gloat when your competitors show weakness...

Nonetheless, CSCO had great earnings. AND regardless of slowing sales in the enterprise space the still BEAT the number...how? By making it up in with service provider business. These aren't my words....they are right there in the press release - so don't beat me up.

As for Carrier business, yes I did notice that LU is getting some strong sales. They landed a huge fiber contract......does that count? I'm not sure... anyway, I seem to remember CISCO recently annoucning significant deals in the past week or two with Sprint, GTE, PSInet... All pretty large service providers. I hear tell that there are a couple of more HUGE wins coming VERY SOON! Even with these wins I believe that ASND/LU will do very well going forward and is a great investment. Heck, I'm banking on it!!!!! I'm still not sure why you feel that the only way ASND/LU will succeed is with CSCO's failure. I can only surmize that you really don't understand the dynamics of the networking market. If you were smart you'd spread your portfolio a little more and take advantage of all the winners while also reducing to some degree your risk. Just a little friendly advice.

BTW: I'm not sure why your shorts are all in a bunch. When you post something like "I mortgaged my house" you're going to have people stand up and take notice...especially after the market has been rolling and was getting toppy. I thought you were crazy when you said it but I still wished you well. I simply found it interesting that you all of the sudden have money to average down when I thought you had already mortgaged yourself up to the hilt. Apparently you simply pontificate just for the fun of it but really don't follow through...which is fine. I have no problem with that. But don't take the fact that I've watched, with interest, this little escapade out on me.

OG



To: Mighty Mizzou who wrote (59769)2/8/1999 11:08:00 AM
From: The Phoenix  Respond to of 61433
 
Here's a bit more.....

QUALCOMM and Cisco Systems Team with U S WESTto Implement High-Speed
Wireless Internet Access Trials

- First Trials of QUALCOMM's Highly Efficient HDR Solution to Begin in April -

NEW ORLEANS, Feb. 8 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq:
QCOM) today announced that it would conduct trials of its High Data Rate (HDR)
solution with U S WEST Wireless, LLC. HDR delivers very high-speed Code Division
Multiple Access (CDMA) wireless Internet access at peak data rates greater than 1.8
Megabits per second (Mbps), with even higher speeds expected in the future. HDR
provides a cost-effective solution for wireless operators, Internet Service Providers
(ISPs), cable companies and existing landline service providers who wish to expand
their customer base with high-speed Internet access, using a standard 1.25 Megahertz
(MHz) channel.

"With the rapidly growing demand for high-speed Internet access from home, the office
and on the road, HDR provides a fast and cost-effective wireless CDMA solution for
market segments that may be difficult or expensive to reach via traditional operator or
cable networks," said Jeffrey A. Jacobs, vice president of corporate business
development for QUALCOMM. "QUALCOMM is excited to leverage Cisco Systems'
data networking expertise to offer wireless, high-speed Internet access to U S WEST's
customers."

The trials with U S WEST mark the first field deployment of this leading- edge
technology. U S WEST's HDR trials will incorporate evaluations of HDR's air-link
performance and advanced feature sets, as well as HDR's decentralized Internet
Protocol (IP)-based architecture and highly integrated access points. The laboratory
phase of the trials is expected to begin in April 1999. A live demonstration of HDR
technology is also being showcased at QUALCOMM's booth, number 3125, at the
CTIA Wireless '99 show in New Orleans, La. this week.

Integrated access points, which provide the over-the-air link between the consumer's
handset and the IP network, will utilize 800 MHz or 1900 MHz CDMA wireless
infrastructure equipment developed by QUALCOMM. QUALCOMM is supplying the
HDR subscriber stations, as well as engineering and deployment services for the trials.
QUALCOMM's HDR solution utilizes switching and routing technology from Cisco
Systems, which will interconnect the access points and provide direct connections to the
Internet. IP mobility and security services are supported through Cisco IOS(R)
software.

HDR leverages cdmaOne(TM) technology and cost curves, affording operators the
lowest cost and a "fast time to market" migration path to offering megabit-speed
wireless Internet access to consumers.

HDR is designed to enable existing cdmaOne service providers to obtain higher
capacities and superior performance by optimizing voice and data spectrum separately,
while serving both applications from the same network. In addition, HDR offers an
efficient solution for service providers utilizing other wireless technologies, as HDR's
architecture does not necessitate a pre- existing cdmaOne network. HDR can be
deployed as a separate data network or with an existing telecommunications network.

Using the new HDR technology, consumers will have the potential to download data
from the Internet at peak speeds of up to 25 times faster than today's 56 kilobits per
second (kbps) wireline modems. HDR delivers more efficient Internet access, e-mail,
data transfers and messaging applications while handling multimedia applications, such
as audio and video file transfers, which require high data transfer speeds.

The HDR initiative is a part of QUALCOMM's overall strategy to provide wireless
operators with a variety of solutions to evolve their networks to offer third generation
services.

U S WEST (NYSE: USW) provides a full range of telecommunications services --
including wireline, wireless PCS, data networking, directory and information services --
to more than 25 million customers nationally and in 14 western and Midwestern states.
More information about U S WEST can be found on the Internet at
uswest.com.

QUALCOMM Incorporated (Nasdaq: QCOM) is a leader in developing and
delivering innovative digital wireless communications products and services based on the
Company's CDMA digital technology. The Company's major business areas include
CDMA phones; integrated CDMA chipsets and system software; wireless
infrastructure; technology licensing; and satellite-based systems including
OmniTRACS(R) and portions of the Globalstar(TM) system. QUALCOMM is
headquartered in San Diego, Calif. QUALCOMM's fiscal 1998 revenues exceeded
U.S. $3 billion. For more information, please visit the Company's web site at
qualcomm.com.

Except for the historical information contained herein, this news release contains
forward-looking statements that are subject to risks and uncertainties, including timely
product development, the Company's ability to successfully manufacture significant
quantities of CDMA or other equipment on a timely and profitable basis, and those
related to performance guarantees, change in economic conditions of the various
markets the Company serves, as well as the other risks detailed from time to time in the
Company's SEC reports, including the report on Form 10-K for the year ended
September 27, 1998, and most recent Form 10-Q.

QUALCOMM and OmniTRACS are registered trademarks of QUALCOMM
Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services,
Incorporated. cdmaOne is a trademark of the CDMA Development Group. All other
trademarks are the property of their respective owners.

SOURCE QUALCOMM Incorporated

CO: QUALCOMM Incorporated; U S WEST; Cisco Systems

ST: California, Louisiana, Colorado

IN: TLS MLM

SU: PDT JVN

02/08/99 07:30 EST prnewswire.com