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Technology Stocks : Telxon (TLXN)

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To: James Petersen who wrote (11)	12/30/1996 8:36:00 PM
From: Jatin Kadakia	of 378

To all Telxon investors, Telxon announced to-day that they have sold Itronix unit to Dynatech for about 65 MM in cash. Telxon expects to realize 35MM in gains after taking related charges of 25MM+. That's little over 2 dollars a share. Not bad considering they bought the unit in 1993 for around 4 MM. Looks like good things are on the way. May be they will have special dividend to disperse the cash<g>. Hold on to your shares. Looks like good things are starting to happen. Stock is able to maintain its 11-1/2 --- 12-1/4 range despite of year end selling. Happy new year to all, Jatin

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