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Technology Stocks : Compression Labs, Inc (CLIX) - an Acquisition Target

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To: E_K_S who wrote (363)5/13/1997 4:22:00 AM
From: twt   of 375
 
Eric and all: I am new to this thread. Anyway, I was reading May 97 issue of Communications News ( comnews.com ) magazine a few days ago and would like to share the following piece of briefs re: CLIX (complete article word for word):

"The Chinese have ordered nearly $10 million of videoconferencing products from Compression Labs Inc (CLI). The Ministry of Railroads will spend $3.7 million on a backbone videoconferencing network. Zhejiang Electric & Power will spend $1.3 million for 25 eclipse gold systems and three multipoint units. Gansu Province's $4.7 million contract calls for 85 Radiance video conferencing systems and 13 MCUs."

NO idea if this is posted already or not or if it makes any material difference to CLIX bottom-line.

Regards.
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