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Technology Stocks : Agilent Technologies (A)
A 147.51+0.5%Nov 6 3:59 PM EST
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To: Chris L. who started this subject10/13/2000 10:40:12 PM
From: bob zagorin   of 620
 
CardioDynamics Shares Rise on Talks With Agilent and Others

San Diego, Oct. 13 (Bloomberg) -- Shares of CardioDynamics International Corp. rose as much as 20 percent after the maker of heart monitors said it has talked with medical equipment makers, including Agilent Technologies Inc., about integrating its noninvasive heart-monitoring systems into their products.

The shares of San Diego-based CardioDynamics rose 53 cents, to 5.22 in late trading. Earlier they reached 5.63. They had risen 67 percent in the past year.

The San Diego-based company, in a press release distributed by PR Newswire, responded to an article in the Oct. 13 edition of Business Week's Inside Wall Street that said Agilent, which builds test and measurement equipment including medical devices, is interested in buying a stake in CardioDynamic.

None of the discussions have resulted in an agreement with any party and there can be no assurance that an agreement will be reached with any party, the company said.

CardioDynamics' only agreement is with GE Medical Systems Information Technologies, which acquired warrants to purchase 5 percent of the company though its Marquette Medical Systems Unit last summer, Business Week said.

Oct/13/2000 15:18 ET
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