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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: MARK C. who wrote (23360)4/4/1999 10:28:00 AM
From: kathyh  Read Replies (2) | Respond to of 90042
 
look at my edit...


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GECset for 1.5 bln stg telecom deals-papers

--------------------------------------------------------------------------------


LONDON, April 4 (Reuters) - General Electric Company GEC.L
is close to finalising telecoms deals worth 1.5 billion pounds,
newspapers said on Sunday.
Sunday Business said Fore Systems FORE.O, valued at $2.5
billion, was the most likely target for GEC. The Sunday Times
said GEC had almost completed talks with a U.S. data-networking
group worth around one billion pounds and Bosch's ROBG.F
telecoms unit worth about 500 million pounds.
No one at GEC was immediately available to comment.


($1=.6244 Pound)
REUTERS
Rtr 08:11 04-04-99

Copyright 1999, Reuters News Service




To: MARK C. who wrote (23360)4/4/1999 10:34:00 AM
From: kathyh  Read Replies (2) | Respond to of 90042
 
2.4 billion / 111.2 million shares = 21.60/share??? Hope my math is wrong...

From Yahoo...

Price and Volume
(updated Apr 1, 1999)
52-Week Low $9.25
Recent Price $20.563
52-Week High $28.00
Beta 1.00
Daily Volume (3-month avg) 4.28M
Share-Related Items
Market Capitalization $2.29B
Shares Outstanding 111.2M
Float 81.2M