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Technology Stocks : FORE Inc.

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To: Tim Luke who wrote (11460)	4/4/1999 10:07:00 AM
From: DZOO	Read Replies (2) of 12559

To All: DLJdirect News Alert! triggered at 08:26 AM for symbol: FORE GEC<GEC.L>set for 1.5 bln stg telecom deals-papers GEC<GEC.L>set for 1.5 bln stg telecom deals-papers LONDON, April 4 (Reuters) - General Electric Company <GEC.L> is close to finalising telecoms deals worth 1.5 billion pounds, newspapers said on Sunday. Sunday Business said Fore Systems <FORE.O>, valued at $2.5 billion, was the most likely target for GEC. The Sunday Times said GEC had almost completed talks with a U.S. data-networking group worth around one billion pounds and Bosch's <ROBG.F> telecoms unit worth about 500 million pounds. No one at GEC was immediately available to comment. ($1=.6244 Pound) REUTERS Rtr 08:11 04-04-99 Copyright 1999, Reuters News Service

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