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Technology Stocks : Extended Systems Inc (XTND)

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To: DD™ who started this subject3/6/2001 4:17:11 PM
From: Labrador   of 403
 
Palm Eyes Extended Systems, Report Says
By Carolyn Koo
Staff Reporter
3/6/01 3:45 PM ET

Palm (PALM:Nasdaq - news) is working on an agreement to acquire Extended Systems (XTND:Nasdaq - news), according to The Wall Street Journal.

The newspaper reported on its Web site that a deal could be announced Tuesday. Extended Systems, which provides mobile information management products, was climbing sharply before it was halted. It was up $3.50, or 18%, at $23.13. Palm was up $1.81, or 10%, at $19.13.

The Journal, which didn't report a price for the deal, said the acquisition would help Palm push into the corporate market
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