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Technology Stocks : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: william liao who wrote (2903)	2/4/1998 12:48:00 PM
From: Jon Taulbee	Respond to of 8358

Could it be possible . I hate to put forth rumors but lets admitt it the last big run-up was because of a merger rumor. Well look at this one. PALO ALTO, Calif. -- Northern Telecom Ltd. (NT) said it is eying acquisitions as part of a new push into the data communications market. The telecommunications equipment supplier is looking particularly at acquiring fibre and 100 megabit Ethernet technology, said F. William Conner, president of Nortel's newly formed data networking unit. On a conference call with reporters, Conner described acquisitions, as well as partnerships and internal research and development, as the means Nortel will use to expand its product portfolio. The company already markets the Passport family of wide-area-network switches in addition to IP, or Internet protocol, voice products from its Micom subsidiary. In an announcement Monday, Nortel said it was forming a new division with 3,000 employees to focus on the data networking market. -Mark Boslet; 415 496-1366