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To: Rande Is who wrote (25078)5/1/2000 9:20:00 AM
From: JLS  Read Replies (1) | Respond to of 57584
 
Lucent (NYSE:LU) starts talks for Metalink stake-paper
(Reuters, 04/30/2000 11:44)

JERUSALEM, April 30 (Reuters) - Lucent Technologies is in initial talks to acquire control of Israel's Metalink Ltd (NASDAQ:MTLK), the Globes financial newspaper said in its Sunday evening edition.

Officials from both companies were not immediately available for comment.

According to Globes, the two companies signed a non-disclosure agreement, a prerequisite for acquisition and investment talks.

Metalink manufactures chip sets allowing digital transmission of voice and data over copper communications lines. jerusalem.newsroom@reuters.com))

Copyright 2000, Reuters News Service