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

To: The Phoenix who wrote (60530)	4/1/1999 12:50:00 PM
From: Techplayer	Respond to of 61433

Gary, I am actually in for a a fairly sizeable block avg price 6.2. selling 1/2 today in the 9's since it tends to go up and down in bunches. Chambers likes the technology so hopefully his "salesmanship" will tout up the stock like it did earlier in the year. Is there a thread (aside from ELON's) that discusses home automation and emerging technologies for home networking, etc? I have 6 months to design a system for my new house. Thanks, brian

To: The Phoenix who wrote (60530)	4/1/1999 12:57:00 PM
From: Techplayer	Read Replies (1) \| Respond to of 61433

What will this $ mean to ASND/LU and CSCO? WebNode.com to Sell $4 Billion of NextGeneration Internet Nodes to Public April 1, 1999 08:31 AM SAFETY HARBOR, Fla.--(BUSINESS WIRE)--April 1, 1999--WebNode.com today announced it has have been granted an exclusive contract by the US Department of Energy (DOE) Office of Science (formerly Office of Energy Research) to raise $4 billion in funding for the new countrywide state-of-the-art fiber optic Next Generation Internet (NGI) to replace the existing copper backbone. Webnode.com's contract calls for it to sell 40 million nodes on the NGI to the general public. Each node will carry an initial value of $100. Further details on how to purchase nodes is available on the company's website at webnode.com. Further information on the Next Generation Internet Initiative may be found at iitf.nist.gov. The NGI is being modeled after the $500 million Internet2 and Abilene projects that successfully went live in February. Speeds for the NGI are expected to top 2.4 gigabits per second, which is 85,000 times faster than a standard dial-up modem. Additional information on these projects may be found at internet2.edu. "We are very excited to have been chosen to spearhead this revolutionary project on behalf of the US government," said webnode.com President, Stefan Bosscia. "We look forward to doing the same for other governments around the world. The internet is truly a global project." Early adoptees of the NGI include: 3Com Corporation COMS , Advanced Network & Services, Ameritech AIT , AT&T AT , Cabletron Systems CS , Cisco Systems CSCO , FORE Systems FORE , ITC^DeltaCom ITCD , IBM Corporation IBM , Lucent Technologies LU , MCI WorldCom WCOM , Newbridge Networks NN , Nortel Networks NTL , Packet Engines/Alcatel ALA , Qwest Communications QWST , and StarBurst Communications. Companies expressing interest include: GTE Government Systems GTE , Sun Microsystems SUNW , Yahoo! YHOO , America On-Line AOL , Amazon.com AMZN , and Microsoft MSFT . Webnode.com is a new division of BZE International, a recognized worldwide leader in e-commerce for government entities. Projects include satellite navigation, currency arbitrage systems development, and armaments deployment. BZE has contracts worldwide, with clients in Canada, the Czech Republic, Great Britain, Israel, and Japan.