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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: James Bowser who wrote (13406)1/2/1998 11:06:00 AM
From: JB  Read Replies (1) | Respond to of 29386
 
THIS MAY ENHANCE THE BUY RECOMENDATION ON ANCOR

Friday January 2, 10:15 am Eastern Time
Dain Rauscher merger completed

- Dain Rauscher Inc said Friday the merger
of brokerage houses Dain Bosworth of Minneapolis and Rauscher Pierce
Refsnes of Dallas was completed.
The combined company's new name is Dain Rauscher Inc and its parent
company is Dain Rauscher Corp. The New York Stock Exchange trading
symbol was changed to (NYSE:drc - news) from (NYSE:IFI - news).

''Combining our two regional securities firms into a single company will
streamline decision making so that we can be more responsive to clients'
individual needs,'' Irving Weiser, chairman of Dain Rauscher, said in a
statement. ''We also will be able to give our clients access to more
resources, such as research, capital and new products.''

Dain Rauscher is the nation's 10th largest full-service securities firm
with 1,300 investment executives and 3,500 employees.