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Technology Stocks : General Magic

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To: Kurthend who wrote (4391)12/9/1998 9:26:00 AM
From: Straight Up  Read Replies (1) of 10081
 
FWIW

BEFORE THE BELL-Tellabs, Infoseek up

NEW YORK, Dec 7 (Reuters) - Shares of Tellabs Inc. rose in pre-open trade on Wednesday
after the telecommunications systems maker said it entered a multi-year contract to provide a
voice/data switch to Sprint Corp. (NYSE:FON - news).

Tellabs shares traded up to 65-1/2 on Instinet's electronic trading system, up from its Tuesday's close of 64-1/4.

The deal is valued at more than $100 million, Tellabs said.
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