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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Greg Spendjian who wrote (8302)12/7/1998 3:57:00 PM
From: Frank Ferrari  Read Replies (1) | Respond to of 18016
 
From Briefing

Tellabs Inc. (TLAB) 65 +4 7/8: shares of telecommunications equipment supplier are said to be up on talk that Sprint Corp. (FON 79 9/16 +13/16) is buying company's ATM access devices for its ION network; according to telco analyst Patrick Houghton of Sutro & Co., Sprint has historically been a good customer of TLAB and with Sprint transitioning to their ATM network, it makes sense that FON would be buying equipment from TLAB.....