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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.98+1.1%Jan 2 9:30 AM EST

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To: JMD who wrote (30262)5/18/1999 1:41:00 PM
From: Ruffian   of 152472
 
Ericy & Nortel Rumor?>

REUTERS: Ericsson, Nortel Merger Rumors
by: PACMAN_2K
7772 of 7772
TORONTO (Reuters) - Shares in Nortel Networks Corp. (NYSE:NT - news) surged Tuesday morning on
unsubstantiated market chatter that Sweden's Telefon AB L.M. Ericsson was interested in acquiring it or
perhaps taking a stake.

News of a small Spanish contract for the company's Internet products also helped.

Both Nortel and Ericsson refused comment on the market rumors.

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