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Technology Stocks : C-Cor Electronics-CCBL

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To: Jim Oravetz who wrote (217)3/29/2001 9:43:21 PM
From: Jim Oravetz  Read Replies (1) of 235
 
STATE COLLEGE, Pa. C-Cor.net Corp. agreed to acquire MobileForce Technologies Inc., a maker of work force management applications, for cash and the assumption of MobileForce's outstanding debt.

Specific terms weren't disclosed.

In a press release Thursday, C-Cor.net said the merger transaction is
expected to close by the end of C-COR.net's fiscal year ending June 29
and is subject to customary closing conditions.

From this tidbit, I don't see the positive results for CCBL. This business seems unrelated to what they do.
Jim
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