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To: candleLight who wrote (13973)	6/19/1999 9:41:00 PM
From: signist	Respond to of 42804

Nexabit Rejected Bids From Several Top Phone-Equipment Makers The New York Times reported earlier today that No. 1 phone equipment maker Lucent Technologies Inc. was close to acquiring Nexabit for $600 million to $800 million. Citing unnamed executives close to the acquisition talks, the Times also said the talks could fall through. ''We're worth more than that,'' ''We're worth more than that,'' ''We're worth more than that,'' the company, which employs 125 people, to have its first revenue within 45 days. the company, which employs 125 people, to have its first revenue within 45 days. the company, which employs 125 people, to have its first revenue within 45 days. Chatter said when asked about the figures in the Times. Lucent officials declined to comment. Nexabit's product is being evaluated in the networks of Frontier Corp., the No. 5 U.S. long-distance provider, Road Runner, the No. 2 supplier of high-speed Internet access over cable lines, and four other telecommunication service providers Chatter declined to name. He expects the company, which employs 125 people, to have its first revenue within 45 days. ''These guys are the real thing,'' said Farrokh Billimoria, general partner with Sprout Capital LP, the venture capital unit of Donaldson Lufkin & Jenrette. quote.bloomberg.com Good Grief! Sheese!