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Technology Stocks : PairGain Technologies

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To: Captain James T. Kirk who wrote (24436)6/19/1998 9:28:00 AM
From: epicure  Read Replies (1) of 36349
 
08:59 ET Networking Stocks: Wall Street Journal reports that Ericsson not interested in acquiring giant
networking companies such as Ascend and 3Com. However, says phone company is looking to purchase 10
smaller U.S. networking concerns, and is currently in talks with 3 of them. Hence, would expect smaller-cap
names in group to be in play this morning, e.g. PAIR, SHVA, MRVC, FORE. Each of these stocks indicated
slightly higher this morning.
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