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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-87.0%Nov 7 11:47 AM EST

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To: David Lawrence who wrote (15718)5/29/1998 10:45:00 AM
From: Moonray  Read Replies (2) of 22053
 
Ericsson mum on Bay rumor
By Reuters, Special to C|NET - May 29, 1998, 6:45 a.m. PT

STOCKHOLM--Swedish telecom group Ericsson declined to comment on a
recurring rumor that it was interested in buying Bay Networks, which
rose amid speculation it was the target of a takeover.

"This is a rumor we've heard for a long time. It comes and goes.
We don't comment on rumors like this," said Lars Ostlund, spokesman
for Ericsson business area Infocom Systems.

However, he told Reuters Ericsson was looking for potential partners
within datacom, where Bay Networks was active.

news.com

o~~~ O
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