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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Jack Colton who wrote (39780)	3/4/1999 3:46:00 PM
From: Dolfan	Respond to of 50264

Check this out another player in the Data Networking arena? ** SIEMENS AG is about to expand into the data networking business by creating a new American unit, buying two private U.S. companies, investing in another company and hiring a senior executive from IBM CORP., the New York Times reported, citing executives close to the company's planning. Europe's manufacturing giant is also in preliminary talks with 3COM CORP. (COMS: 25-1/16, + 1/2) about paying $1.2 billion for the 3Com unit that sells networking equipment to phone companies, the executives told the newspaper. Siemens is expected to announce Monday that it has agreed to buy data networking firms Westford, Mass.-based Castle Networks Inc. for $300 million cash and Littleton, Mass.-based Argon Networks for $240 million cash, the executives told the New York Times. See Full Story at infobeat.com Mark GO DGIV