Echelon Corporation (ELON) Message Board

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Technology Stocks : Echelon Corporation (ELON)

ELON 21.88

+10.1%

Oct 6 5:00 PM EST

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To: Boplicity who wrote (1262)	3/7/2000 1:58:00 AM
From: spiral3	Read Replies (2) of 3076

Toshiba, GE to Tie Up in Industrial Control Systems (Update3) quote.bloomberg.com Tokyo, March 7 (Bloomberg) -- Toshiba Corp., Japan's second largest electronic appliance maker, and General Electric Co. of the U.S. said they will set up an industrial control systems company in the U.S. The new company, Toshiba GE Automation Systems International, will be set up in October with capital of 7 billion yen ($65 million). Toshiba will own 51 percent and GE 49 percent. The company will develop industrial control systems for the steel, pulp and cargo transportation industries. Toshiba shares rose as much as 34 yen, or 3.8 percent, to 924 yen, and last traded at 921, up 31. - no mention of Elon...hmmmm have to agree that flag looks real pretty.

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