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Technology Stocks : STAR Telecommunications (STRX)

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To: Art C. who wrote (358)	9/2/1998 3:06:00 PM
From: Spaw	Read Replies (1) of 780

Art (& everyone): Nice move in progress. Suspect upgrade of PGEX having some effect. This news looks promising... PARIS (Dow Jones)--France Telecom said Wednesday its investment in the $1.5 billion TAT-14 transatlantic fiber-optic cable would total $118 million and said it would chair the committee overseeing the cable for the first year. In a statement, France Telecom said the TAT-14 fiber-optic cable project was expected to be completed and in service by October 2000. It added that Japan's KDD-SCS was to be the main supplier for the project. As reported, Deutsche Telekom will invest $120 million in the project. All told, some 50 telecommunications companies are involved in the project. --spaw--

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