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Technology Stocks : ADTRAN !?! -- Ignore unavailable to you. Want to Upgrade?


To: Mr. E2u who wrote (698)6/20/1998 12:48:00 AM
From: david jung  Read Replies (2) | Respond to of 766
 
* ADTRAN INC's CFO denied market rumors of merger talks with
telecommunications giants NORTHERN TELECOM LIMITED and ERICSSON
LM. "I categorically deny those rumors," CFO John Cooper said in a
telephone interview. "We have had no such discussions with either
of those companies. We have had no discussions at all about
selling the company." Nortel spokesman Peter Janecek declined to
comment when asked if Nortel had held talks to acquire Adtran. "We
don't comment on rumors as a rule," he said. (Reuters 12:23 PM ET
06/19/98) For the full text story, see
infobeat.com

David
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