LHSP: Lernout En Hauspie Message Board

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Technology Stocks : LHSP: Lernout En Hauspie

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To: Nick who wrote (394)	12/5/1997 2:05:00 AM
From: Paul K	Read Replies (2) of 2467

LHSPF had a very strong group of buyers today (including one 41,800 shr block), but in the last 6 minutes the daytraders cashed-out with bids at a sliding `market price'. If it wasn't for them the stock would have closed at about 47. In fact there were 2 trades after the market close that brought the real closing up to 45 «, for a net of zero. Should gap up in the AM again though. We could likely have a 2-3 point trading range for a while. -------- Yes the news of licensing deal with SGS-Thompson is very good - one of the worlds largest consumer electronics manufacturers. The deal is similar to the earlier announced one with NEC to include the ASR1600 code on their V831 RISC processor.

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