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To: Geof Hollingsworth who wrote (29842)12/10/1997 1:02:00 PM
From: JW@KSC  Respond to of 31386
 
Geof [Nokia]

I see that your freinds at Ipsilon are being acquired by Nokia for $120 million. At that price, the last round (maybe the last two) can't have made any money.

This is not a real surprise as Nokia has held a minority interest in Ipsilon since June.

"Wireless and data communications are clearly the key drivers as telecommunications markets become more open and increasingly global," Matti Alahuhta, president of Nokia Telecommunications, said. "Adding Ipsilon's highly regarded IP capabilities to Nokia's established network expertise is an important step for us in further developing our competitiveness in IP networks."

Nokia price is coming into the buy range at $73., down from it's high in Sept $102.

Though I prefer TXN as it moves from the $40's into the $30's :^)
Currently at $43 3/16.

JW@KSC