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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (41786)5/25/1999 12:49:00 PM
From: SMALL FRY  Read Replies (1) of 120523
 
BWC - up 2 13/16 to 23 1/8 on agreement to purchase CSI... was halted this AM... no position here yet.

RESEARCH ALERT-ING Barings upgrades Belden
Reuters Story - May 25, 1999 10:33
CHICAGO, May 25 (Reuters) - ING Baring Furman Selz said Tuesday analyst Diane Graboski upgraded her investment rating on Belden Inc. to strong buy from hold.

-- No further details were available.

-- On Monday, Belden, which makes electronic and electric wire and cable agreed to purchase copper cable products maker Cable Systems International Inc. for $180 million in cash.

-- CSI is the second-largest U.S. manufacturer of copper telecommunications cable. The company was formed in October 1995 when AT&T Corp. sold its Copper Cable Products Division to an investor group and members of senior management of the unit.

-- Belden shares were ahead 2-1/16 at 22-3/8 in morning trade on the New York Stock Exchange

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