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Technology Stocks : Riverstone Networks (RSTN)

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To: Robert New who wrote (231)3/6/2002 4:15:00 PM
From: stockman_scott  Read Replies (1) of 290
 
RSTN could rocket tomorrow on potential takeover news

Riverstone Networks rises on takeover appeal (RSTN) 5.8 +0.80: Stock is putting together a solid advance on the day, rising 16% on strong volume (5.4 mln shares). Contributing to the advance is morning comment by Lehman that Alcatel may consider Riverstone an acquisition candidate given its current reduced valuation... Networking/telecom names AVCI (+14%), SONS (+6.5%), TELM (+5%), CORV (+5%) also strong on the session.
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