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Technology Stocks : Winstar Comm. (WCII)

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To: gus paschalis who wrote (764)2/24/1997 4:23:00 PM
From: MARK JALBERT   of 12468
 
Could this have anything to do with Winstar's price fall today, the last time I looked it was down 1 7/8 ??? Somebody knows something ??

Mark

From Briefing's

15:50 ET ******

LUCENT TECHNOLOGIES INC. (LU) 58 7/8 +1 1/4. Telecommunications equipment maker said today that it will sell a new copper cable capable of transmitting at a rate of one Gigabit per second. This represents a six-fold increase from the current copper cabling. At a time when bandwidth has become a deficiency in the operation of private LAN networks, the new cable is expected to increase bandwidth capabilities to support increasing local area network applications. The stock has been a significant winner this year, posting a price gain of 34.7% in less than two months. In early January, this issue traded at around $45 a share. But given the battles that have emerged among the consumer modem makers, LU which makes also makes chips for these faster modems, is in a good position to benefit regardless of who wins the latest 56-Kbps high-speed modem war between US Robotics (USRX 58 5/8 +2 1/4) and Rockwell International (ROK 67 5/8 +5/8).
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