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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?

To: DAVID C. DeANGELIS who wrote (221)	2/2/1999 7:30:00 PM
From: Patric	Respond to of 954

Looks like XTON may be resuming its upward momentum. Up 13% on nearly double average volume, on a generally crappy day in the markets. fast.quote.com #B~}>

To: DAVID C. DeANGELIS who wrote (221)	2/3/1999 10:43:00 AM
From: Ashley800	Respond to of 954

IPO spin off announced today: biz.yahoo.com DKA Applied Cellular Technology's Board Of Directors Approves Initial Public Offering Of Inteletek PALM BEACH, Fla., Feb. 3 /PRNewswire/ -- Applied Cellular Technology, Inc. (Nasdaq: ACTC - news) announced today that its Board of Directors has approved the restructuring of Applied Cellular Technology, including the spin-off of Inteletek, Inc., its computer group, in an initial public offering, subject to market conditions. The Company is currently interviewing banking firms who would provide advice and assistance. It is the Company's intent to maintain majority ownership in Inteletek, Inc. for the foreseeable future. Applied Cellular's Chairman & CEO, Richard J. Sullivan, commented, ''Inteletek has grown profitably over the last two years, with annual revenues increasing from $20 million in 1996 to approximately $65 million last year. Moreover, it has evolved into a company that now provides its more than 70,000 customers with a complete range of computer systems, hardware peripherals, software services, technical support and networking services. The launch of Inteletek's website in January, www.intelesale.com, demonstrates that it is ready to exploit the full potential of the Internet to expand its customer base and brand name recognition worldwide. In its first day of Web presence, www.intelesale.com had 155,000 visitors and over 2,700 new customers.