ADSP<--read this very carefully...It should remind you of KTEl going up against AMZN and CDNW!!
Cranbury, New Jersey, Nov. 24 (Bloomberg) -- Shares of Ariel
Corp., a maker of modem cards for Internet access providers, more
than tripled after the company said several government agencies
worldwide approved the use of its new product.
Ariel rose 6 1/8 to 9 11/16 in trading of 30.9 million
shares, making it the most active U.S. stock. Earlier, it touched
13 1/2, its highest since January 1997. Ariel, based in Cranbury,
New Jersey, was the biggest gainer on the Nasdaq National Market.
The company received certification for connection to
international digital telephone networks in the U.S., Canada,
most of Europe, Australia and most Pacific Rim countries. The new
$9,100 card set costs $100 less for each user than comparable
gear from Lucent Technologies Inc. or Cisco Systems Inc., two of
the biggest Internet-equipment makers, Ariel said.
The card set helps Internet access providers, using
Microsoft Corp.'s Windows NT or the rival Linux software
operating systems, handle calls from dial-up modems and connect
users to the Internet. --Scott Lanman in the San Francisco newsroom (415) 743-3526/jac
Story illustration: To compare Ariel's historical stock
performance with that of the Standard & Poor's 500 Index, type
ADSP US <Equity> COMP SPX <Go>.
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