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Technology Stocks : MONI - Marconi Nasdaq ADR

MONI 0.00346

-3.9%

Nov 7 9:30 AM EST

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To: ms.smartest.person who wrote (85)	7/18/2001 8:27:19 PM
From: ms.smartest.person	of 129

Marconi Timeline: 1996 Lord Simpson takes over as managing director of GEC. Number of businesses sold, including Marconi Instruments, GEC Plessey Semiconductors, Express Lifts and Wire and Cables Group. 1998 GEC Alstom, the rail and power joint venture with Alcatel Alsthom of France, is floated Siemens 40% stake in GPT is bought Tracor, the US defence electronics company, bought for $1.4bn 1999 Marconi Electronics Systems sold to British Aerospace for $12bn Reltec, US telecoms networks company, bought for $2.1bn Fore Systems, US internet switching and networking company bought for $4.5bn December 1999 Renamed Marconi and re-listed as an IT company 2000 Australian Communications Solutions bought for A$70m plus a number of other acquisitions April 2001 Upbeat trading statement despite 3,000 job cuts July 2001 Profit warning

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