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Technology Stocks : ACT NETWORKS -- Ignore unavailable to you. Want to Upgrade?


To: swrdfsh who wrote (2212)3/13/1998 9:28:00 AM
From: FIFO_kid2  Read Replies (1) | Respond to of 2326
 
These rumors continue as the shares continue to rise before the open.



To: swrdfsh who wrote (2212)3/14/1998 4:56:00 PM
From: ACT_Watcher  Read Replies (2) | Respond to of 2326
 
Both Lucent Tech. and Fore systems (individualy) have spent a great deal of time at ACT Networks corporate office from March 9 though 13. Both players have dug deep into the companies technology, manufacturing operations and Engrg. departments. They spoke with the Exec. staff for hours on end.
The employees of ACT Networks started the recent rumors that the company will be acquired. Of course these are the same employees who were sure Ascend would pick up ANET a few months back.
You are right a announcement is short coming. I don't think it will be that ANET is sold; More likely that LU will buy product from ACT Networks. Just my opinion.

<< ACT_Watcher >>