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Technology Stocks : LEGATO SYSTEMS LGTO

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To: Chuzzlewit who wrote (890)	3/28/2000 12:27:00 PM
From: Chuzzlewit	Read Replies (1) of 1138

Legato Systems (NASDAQ: LGTO - news) pulled back $1.88 to $43.81 following yesterday's 23% gain on rumors that Legato could be acquired by EMC Corp. (NYSE: EMC - news). Legato rose $8.44 to $45.69 after a posting on Jagnotes.com's rumor site said EMC would pay up to ``the mid $60s' per share for the company. The posting marked the third time Jagnotes has listed EMC as a possible acquirer of Legato since Legato shares plunged 45% on January 20 after the company said it would miss earnings estimates and growth would slow. biz.yahoo.com

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