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To: ilh1 who wrote (1562)	2/24/1998 11:24:00 AM
From: Winston Kim	Read Replies (1) \| Respond to of 1770

08:44 ET Teledata Communications (TLDCF) 16 3/8: Stock ran up 2 7/8 pts yesterday, on more than 4 times average daily volume, amid news a large US communications company and ECI Telecom are competing to acquire control of Teledata at twice its current market price. According to Israel's Business Arena, the US company submitted a purchase offer for Teledata shares to controlling shareholder Poalim Investments at $27 per share. ECI agreed to match the US company's $27 per share offer. Major shareholder of TLDCF confirms that it has been in talks with ECI.