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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Kerry Lee who wrote (20360)1/24/1999 12:11:00 AM
From: Douglas Nordgren  Respond to of 29386
 
On October 6, 1998, GSX was acquired by SPX (NYSE SPW)

SPX has a market cap of over $2B:
biz.yahoo.com
Investor Info:
spx.com

I guess the original deal was to include a spin off of Inrange, but it
seems SPX thought better of it:

<<General Signal will withdraw its previously announced plan to spin off the GS Networks (Inrange) business to General Signal shareholders.
SPX plans to retain and grow this attractive business.>>

You could hardly characterize Inrange & EMC as a David and Goliath
type of bout. EMC should inventory body parts afterwards. <G>

Douglas