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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: HoyaBob who wrote (66220)	2/7/2000 10:52:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Paging Network Up 77%; Co. Has No Comment, Notes No News By Desiree Hanford ST. LOUIS -- Shares of Paging Network Inc. (PAGE) skyrocketed nearly 66% in extremely heavy trading Monday, even though the company hadn't released any news. The stock recently traded at 3 15/32, up 1 3/8, or 65.7%, on volume or 62.3 million shares, compared with a daily average of 6.7 million. It was the most actively traded stock on the Nasdaq early Monday afternoon. Scott Baradell, vice president, corporate communications, said the Dallas company doesn't comment on speculation about it or on its stock movement. There have been some announcements in the telecommunications sector, specifically wireless communications, the past few days, Baradell noted, but Paging Network, which provides wireless messaging and information services, hadn't released any news on Monday. On Thursday Metrocall Inc. (MCLL), another wireless data and messaging company, said it will get about $51 million from three separate equity investors. Those investors are Aether Systems Inc. (AETH), PSINet Inc. (PSIX) and Hicks, Muse, Tate & Furst Inc. investment group. Some message boards are suggesting that it's possible that Paging Network and Qualcomm Inc. (QCOM) may form some type of relationship on the heels of Metrocall's announcement. Stocks of other wireless paging companies also climbed on Monday, continuing a movement that started toward the end of last week after Metrocall announced that it would be getting investments from several companies, including AT&T Corp.'s (T) wireless unit. Shares of Metrocall were recently trading at 12 13/16, up 1 3/16 or 10.2%, on volume of 33.4 million. Average daily trading volume is 2.3 million. Arch Communications Corp.'s (APGR) stock was recently trading at 9 3/4, up 13/16 or 9.1%, on volume of 3.6 million. Average daily trading volume is 660,700. Earlier Monday Metrocall said that Aether Systems will invest about $17 million for about 7.8 million shares of the company as part of the three separate equity investments that Metrocall announced Thursday. When Metrocall announced that it would get $51 million from the investors, it only named two of the three parties. Michael T. Scanlon, senior vice president, marketing and communications at Metrocall, attributed the rise in Metrocall's stock on Monday to the Aether announcement. "It's the leading company of its kind and they've shown a great deal of confidence in Metrocall's future," Scanlon said. In addition, Metrocall also announced on Thursday that it will purchase NationPage from AT&T Wireless Services Inc. for $13 million in cash. As part of the deal, AT&T will exchange Metrocall Series C preferred shares, worth about $105 million, for about 13.3 million common Metrocall shares. -Desiree J. Hanford, Dow Jones Newswires, 314-588-8443

To: HoyaBob who wrote (66220)	2/7/2000 10:58:00 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

a gorilla is as a gorilla does the analyst meeting on Feb17th will enable a reaction the story is broadening and deepening I anticipate new highs before the Ides of March / Jim