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Technology Stocks : CNKT - Connect Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (279)	5/8/1998 11:38:00 PM
From: Sandra	Read Replies (1) \| Respond to of 953

seems strange to me too! Dow Jones Online News, Wednesday, May 06, 1998 at 16:40 NEW YORK -(Dow Jones)- Shares of software firm Connect Inc. surrendered part of the 73% advance they made Tuesday, sliding back 23% Wednesday on possible profit-taking. Connect's shares (CNKT) fell $1 to close at $3.313 Wednesday on volume of 1.2 million shares, compared with average daily turnover of 158,000. The shares skyrocketed Tuesday after AT&T Corp.'s wireless-services unit licensed Connect's software for Internet-based commerce. The AT&T (T) unit also deployed a customer service and electronic-commerce system based on Connect's One Server application-development software. Connect Chief Financial Officer Joseph Girata said no new announcements were made that could account for Wednesday's decline. He speculated that it could be profit-taking after Tuesday's surge. Analysts who follow the company didn't immediately return calls seeking comment. - Tara Siegel: 201-938-5176 Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.