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Technology Stocks : Orckit (ORCT) -- Ignore unavailable to you. Want to Upgrade?

To: semi_infinite who wrote (1968)	2/4/2000 12:31:00 PM
From: BEACHCOMBER	Read Replies (1) \| Respond to of 1998

an interesting piece of the puzzle perhaps ** TELEFONICA's (TEF: 86, + 5) shareholders on Friday cleared the Spanish telecommunications giant's $27 billion plan to seal its dominance of the fast-growing Latin American phone market. Shareholders gave the company clearance to issue 922 million new shares -- a 28 percent capital increase -- to bid for full control of two Brazilian subsidiaries and its Argentine and Peruvian units. The vote stands to make Telefonica Europe's second-largest fixed phone services and the world's sixth largest mobile phone company with more than 14 million clients. See Full Story at infobeat.com. beachcomber