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

To: Techplayer who wrote (60422)	3/25/1999 8:25:00 AM
From: MMW	Read Replies (1) \| Respond to of 61433

Hi Brian, Yes, ASND made a competitive bid at that time. Based Dick Moley (CEO of STRM), STRM had been going around pitching for end to end solution to COMS, CSCO, and BAY at that time since that was customers have been told them. Only CSCO responded to that request by proposing to merger with STRM. It was eventually accepted by STRM. ASND bid was too late and too little and was lost in the noise. But I give a credit to ASND CEO for recognizing the market opportunities at that early stage. Then, there was big networks fall in 1997. CSCO was the only one whether out of that slump. Cheers! Mike