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Technology Stocks : Technitrol (TNL)

TNL 62.67

-1.0%

Nov 4 3:59 PM EST

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To: Francis X. Brown III who wrote (2)	2/26/1998 6:15:00 AM
From: Winston A. Chin	of 55

I do not know if the revenues from the recent acquisition of the magnetics division of Nortel is included in the 9/97 10Q. TNL through their division Pulse Engineering, specializes in transformers and common mode chokes. The garden variety chip inductors and chokes are not significant to TNL. A few months ago they acquired the magnetics division of Nortel and it seems that as a condition of the sale they were assured of present and future sales to NT. I tried to design in an existing Midcom and Valor transformer into a xDSL design and was told to go and get one designed by Pulse Eng. Transformers and common mode chokes are used in ISDN, xDSL modems, regular modems, VF line cards, power converters, T1/E1 lines (CSU/DSU, short haul, T1/E1 repeaters), and to meet EMI regulations to name a 'few'. Valor, Bell Fuse and Midcom are competitors. WAC

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