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

To: KM who wrote (59825)	2/8/1999 8:18:00 AM
From: Neil H	Respond to of 61433

Monday February 8, 7:56 am Eastern Time Company Press Release WebTel Wireless Launches Innovative Wireless VoIP Service Using the Ascend MultiVoice for the MAX Industry First Wireless VoIP Deployment Builds Up and Expands the Ascend MultiVoice Gateway to the Wireless Market NEW ORLEANS--(BUSINESS WIRE)--Feb. 8, 1999-- Ascend Communications, Inc. (Nasdaq:ASND - news), a leader in wide area networking (WAN) and Intelligent Networking (IN) solutions for providers and users of the next-generation public network, today announced that WebTel Wireless, Inc., a California-based provider of wireless phone and Internet services, has standardized on the Ascend MultiVoice(TM) for the MAX platform for the industry's first Wireless Voice over Internet Protocol (WVoIP) service. ''We believe that by bridging wireless and IP telephony, wireless operators can offer domestic and international long distance calling plans economically and profitably through toll-bypass via a managed IP network,'' said Aaron Haskal, president, CEO and founder, WebTel Wireless, Inc. ''Our breakthrough effort will pave the way for the future of wireless and we plan to share this vision and market our solutions to other cellular operators. We chose Ascend as our solutions provider because they have the expertise and vision, and the leadership to help integrate wireless into the next-generation public network.'' ''The Ascend MultiVoice for the MAX VoIP gateway is being deployed by a number of service providers worldwide and the WebTel deployment signifies an exciting new direction and expansion into the wireless market,'' said Ron Chan, director of marketing, Enterprise Networking Division, Ascend Communications, Inc. ''We believe that WebTel has accomplished something unique with their initial deployment of Wireless Voice over IP, and Ascend is looking forward to working with WebTel to help bring their vision to fruition.'' Haskal is speaking on a panel at the CTIA Wireless '99 show today between 2:30 p.m. and 4:00 p.m., and will present WebTel Wireless' service introduction milestones and his vision for the future of wireless -- ''Wireless Voice over the Internet.'' Speakers on this panel will discuss how ''voice over the Internet is about to change wireline telephony, and hear what challenges and opportunities it brings to wireless carriers.'' Why Wireless Voice over IP? New VoIP networks are rapidly being deployed worldwide as part of the next-generation public network and present a significant opportunity for service providers to economically turn-up new services. Wireless service providers can leverage VoIP solutions to route calls across a managed VoIP backbone network to successfully terminate toll-quality, wireless voice calls worldwide. This new, innovative transport method of bridging wireless networks and VoIP backbone networks will benefit both the service provider and the end-user. WebTel Wireless' VoIP network allows carriers worldwide to terminate calls in Arizona and provide long-distance calls for about half the cost compared with the same service using the public switched telephone network (PSTN). Additionally, by bridging WebTel Wireless' managed IP network with the Ascend MultiVoice VoIP platform, the company is well positioned to deliver integrated voice (both wireline and wireless) and data into a single network, and open up its market for international communications. Today, WebTel Wireless offers flat-rate long-distance telephone and Internet services (both wireline and wireless). The company's initial deployment of Wireless Voice over IP consists of five operational Points of Presence (PoPs) in Flagstaff, Phoenix, Prescott, Sedona, and Tucson, Arizona. Each PoP consists of MultiVoice VoIP hardware and software running on the MAX 6000 platform with interfaces to the WebTel Wireless network. Service is being expanded to include both domestic and international long-distance toll-bypass. WebTel Wireless is in the process of deploying Wireless Voice over IP PoPs and introducing services in the Southwestern and Eastern U.S., Europe and Asia. ''If you're not thinking globally, you're not thinking,'' concluded Haskal. Regards Neil

To: KM who wrote (59825)	2/8/1999 8:24:00 AM
From: Tom Latham	Respond to of 61433

Thanks Donna and Jack, for info on Greenberg. Watch NAVR today folks, going to be jumpy and if it gets started it'll shoot to 23-24 even if IPO news doesn't come out today...... daytraders are going to come in on this this morning..

To: KM who wrote (59825)	2/8/1999 10:13:00 AM
From: Mark Duper	Read Replies (3) \| Respond to of 61433

I can't believe I'm saying this, LU is bringing us down!!!! What the F#$@! Sup.

To: KM who wrote (59825)	2/8/1999 11:30:00 AM
From: hitesh puri	Read Replies (1) \| Respond to of 61433

The parallel I can draw to Herb G.'s article is a similar report outlining the negative comments made by ML Tom Kurlak in mid 98 about INTC. The tone was the same saying that most are blind to see but Intel's growth days are over as a paradigm shift has taken place. Bandwidth is more important than processing power etc. etc. Intel is done for and take your money and run. Lucent/Cisco are the next Intels blah blah blah. I really was worried about the prospects of the company but my basic fundamental of sticking to leaders kept me in. Fast forward to Oct 98. Intel holds its own in the selloff and in the next 4 months doubles. Tom Kurlak is left licking his wounds. Moral of the story is nobody knows sh*t and the question I would like to ask those analcysts is that where else would you park your money ? Usual answer will be in the Stratosphere (CSCO) whose growth rate and valuation is another love story. -hitesh