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Technology Stocks : VTEL: Anyone else follow this?

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To: Brad Bolen who wrote (1032)9/19/1998 3:39:00 PM
From: E_K_S  Read Replies (1) of 1214
 
Rumor has it (from the YAHOO thread) that PLCM may have lost a lawsuit to VTEL or VTEL may have filed a lawsuit against PLCM.

From the PLCM YAHOO thread:

"...I follow V-tel and noticed an unusual reversal today. I then noticed that PLCM dropped hard. I tried to call PLCM headquarters and keep getting busy signals. So, just conjecture, but could PLCM have lost their longstanding lawsuit with V-tell? I can't come up with anything else to explain today..."

"...RE: Why the big run up yesterday if losing a lawsuit today

I don't know either. Maybe they thought they would win?
These are the guys that broke off from VTEL right?

All I know for sure is that was a mighty fall on 4 times the daily ave. vol. and investor relations was not answering. ..."

I believe some former VTEL engineers left VTEL to work at PLCM.

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I am still quite frustrated with VTEL as PLCM has continued to sign new distribution and marketing agreements and VTEL has done nothing!

VTEL needs to focus on marketing and selling their products rather than fighting in the courts (if this is even true?).

EKS
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