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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO? -- Ignore unavailable to you. Want to Upgrade?

To: Dana Johnson who wrote (955)	1/4/1998 8:23:00 PM
From: LLCF	Respond to of 1119

The news... certainly is moving toward what everyones talking about.... ejecting Sanoma. MARINA DEL REY, Calif., Dec 31 (Reuters) -In a move to shift its business focus to telecommunications software markets, Retix will take the name of its unit, Vertel, and install Vertel's management at the helm of Retix. In a statement issued late Tuesday, Retix also said it will seek investment partners for its other unit, Sonoma Systems. Chief Executive Officer Joe Stephan and Chief Financial Officer Steve Waszak have been replaced, respectively, by Vertel Chief Executive Officer Bruce Brown and Chief Financial Officer Jim Brill. Stephan will remain a board member. Vertel makes software used in telecommunications infrastructure products, network management and other areas. "We're a proven and recognized leader of this new and rapidly growing software market," Brown said. Stephan said finding the new funding for Sonoma will reduce ongoing cash investment for Retix while providing shareholders the opportunity to participate in the future of Sonoma, a maker of communications network components. 12:21 12-31-97