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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: MikeM54321 who wrote (4131)	11/2/1999 1:11:00 PM
From: MikeM54321	Read Replies (1) of 12823

Re: GEC p.l.c. Selling Marconi? Thread, As a Last Mile investor, this bit of news caught my attention. Does anyone know anything about this situation? From what I recall, Marconi (ex Realtec) is/was a DLC powerhouse. Marconi is part Fore Systems and part Realtec and whatever else it had in it's stable before they purchased these two US companies (see linked upstream post). MikeM(From Florida) __________________________________ GEC shares up on IT reclassification hopes LONDON, Nov 2 (Reuters) - Shares in the General Electric Company rose sharply in late trade on Tuesday, amid hopes it would fetch a higher rating if, as expected, it is reclassified as an IT stock after the sale of its Marconi unit is completed, analysts said. GEC closed up 34-1/2p or 5.2 percent to 699-1/2p in active volume of 16.6 million shares and was the biggest gainer in the FTSE 100.

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