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Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?

To: larry who wrote (453)	2/7/1998 1:33:00 AM
From: SteveG	Respond to of 1181

<..Can anyone out there confirm the rumor that Goldman Sachs was heavily buying YURI this past week? It seems that they are on the bidding side most of the week and eager to buy whatever they can buy...My question is whether Goldman Sacks is one of the three underwriters that covers YURI. I know that the other two are Alex Brown and Cowen.> As you point out, they were active in URI on both bid and offer side throughout week. They don't do research (Wessels is the 3rd, and there are two other very small firms as well), so I'm guessing they might pick up coverage and this has leaked in house. I would doubt GS was buying with house money. Fwiw, I took profits early when it went bid at 24 7/8, before heading out to day 2 of HQ Comm Symposium. Some industry folks I spoke with (including @Home which has an extensive ATM network) were less than optimistic on the future of ATM. I proffered the seeming market/press resurgence recently, but they remained unconvinced. Others were more optmistic. As has been discussed here, until (if) compelling IP QoS techs are offered and accepted, ATM will seemingly have an important place at the table. Though Sidgmore's fervor relegated voice to a niche market in a few years, others think packets and circuits will coexist for a goodly while.