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Technology Stocks : PARADYNE (PDYN)

PDYN 4.255

-0.7%

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To: Caxton Rhodes who wrote (172)	10/6/1999 1:39:00 PM
From: KS	Read Replies (1) of 242

Secondary offering complete plus news: October 06, 1999 13:30 Current Analysis Report Says Paradyne 'Hits a GranDSLAM' With Hotwire GranDSLAM Next Generation DSLAM Offering LARGO, Fla.--(BUSINESS WIRE)--Oct. 6, 1999--Paradyne Networks Inc. (Nasdaq:PDYN), a pioneer and leader in broadband network access, today said Current Analysis has taken a positive stance on Paradyne's newly announced Hotwire GranDSLAM technology. Current Analysis, a leading source of IT and competitive intelligence, said the multiservices product would give providers of Digital Subscriber Line (DSL) services a powerful new platform to offer their customers a full range of broadband voice and data connectivity. "The GranDSLAM product extends DSL service deployment flexibility to Paradyne's carrier customers and will serve as a critical centerpiece for the company's overall DSL market penetration efforts," analysts Eric Keith and Ron Westfall wrote in their Sept. 29 Current Analysis Competitive Intelligence Report, "Paradyne Hits a GranDSLAM." Current Analysis also highlighted in the report the Hotwire GranDSLAM's: (cont.) See www.newsalert.com for long article.

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