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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: MARU CAT who wrote (24344)	4/6/1999 4:35:00 PM
From: Tim Luke	Read Replies (1) \| Respond to of 90042

after market instinet quotes...1:33pm P.S.T FORE.....20 1/2...X...20 5/8 IDTC.....24...X...25

To: MARU CAT who wrote (24344)	4/6/1999 4:35:00 PM
From: Charliss	Read Replies (1) \| Respond to of 90042

>Do you have after hours quotes for FORE and IDTC?< FORE: "Hmmmmmm."...Mark C IDTC: "Never ever gonna work at a real job, ever!"....Jane

To: MARU CAT who wrote (24344)	4/6/1999 4:38:00 PM
From: MARK C.	Respond to of 90042

Maru Cat, They have been rumored to be in talks previously but with the financing they just received it looks like a couple of companies want a stake now. Here is the details of the financing: Omnipoint Closes $225 Million of Siemens and Nortel Networks Financing PR Newswire - April 06, 1999 09:17 Jump to first matched term CEDAR KNOLLS, N.J., April 6 /PRNewswire/ -- Omnipoint Corporation (Nasdaq: OMPT) announced that it had signed definitive agreements on March 30, 1999 for $225 million in working capital and vendor financing commitments with telecommunications equipment suppliers Siemens Information and Communication Networks, Inc. and Nortel Networks. On March 31, 1999, Omnipoint received $125 million in funding ($100 million from Siemens and $25 million from Nortel Networks), all of which can be used for general working capital purposes. In addition to the funded $125 million, Omnipoint signed definitive agreements for $100 million from Siemens which will be used primarily for capital expenditure financing. A second $25 million from Nortel, which can be used for general working capital purposes or for capital expenditure financing will be funded upon signing of a term sheet with a strategic equity partner. "The completion of these financing arrangements underscores our strong relationships with Siemens and Nortel Networks," said George Schmitt, executive vice president of Omnipoint Corporation and president of Omnipoint Communications. "Their commitment to our operations will allow Omnipoint to continue its aggressive growth in the PCS marketplace." Founded in 1987, Omnipoint Corporation (Nasdaq: OMPT) is a leader in commercializing PCS. In addition to Omnipoint Communications, Omnipoint Corporation also includes Omnipoint Technologies, Inc., a leading developer and supplier of wireless communication technologies, products and engineering services. As a pioneer in the industry, Omnipoint Technologies is on the forefront of developing and integrating advanced wireless technologies, such as GSM, GPRS packet data, EDGE, positioning and Internet access. Omnipoint Technologies also supplies the Eagle(TM) One wireless data communications module for integration into product applications and designs. Omnipoint currently provides advanced wireless communications services in New York, New Jersey, Connecticut, Eastern Pennsylvania, Delaware, Massachusetts, New Hampshire, Rhode Island, Southern Florida, Michigan, Ohio, Indiana and Maryland; it intends to provide those services in additional areas. Omnipoint is a founding member of the North American GSM Alliance, a group of North America's leading digital wireless Personal Communication Services companies. Using GSM communications technology, Alliance companies provide superior voice clarity, unparalleled security and leading-edge wireless voice, data and fax features for customers, whether at home, away or abroad. Other GSM Alliance members include: Aerial Communications, Inc.; Airadigm Communications, Inc.; BellSouth Mobility DCS; Conestoga Wireless Company; Cook Inlet PCS; DIGIPH PCS; Microcell Telecommunications Inc.; NPI Wireless; Pacific Bell Wireless; Powertel, Inc.; Western Wireless Corp.; and Wireless 2000 PCS. The rest of the article was about Siemens and Nortel , MarkC.