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Technology Stocks : Orckit (ORCT)

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To: semi_infinite who wrote (1968)2/4/2000 12:31:00 PM
From: BEACHCOMBER  Read Replies (1) of 1998
 
an interesting piece of the puzzle perhaps

** TELEFONICA's (TEF: 86, + 5) shareholders on Friday cleared the
Spanish telecommunications giant's $27 billion plan to seal its
dominance of the fast-growing Latin American phone market.
Shareholders gave the company clearance to issue 922 million new
shares -- a 28 percent capital increase -- to bid for full control
of two Brazilian subsidiaries and its Argentine and Peruvian
units. The vote stands to make Telefonica Europe's second-largest
fixed phone services and the world's sixth largest mobile phone
company with more than 14 million clients. See Full Story at
infobeat.com.

beachcomber
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