Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (26482)	4/8/1999 1:13:00 PM
From: Ruffian	Respond to of 152472

Big Score for Nortel. Nortel, BCE shares surge on Bell Atlantic pact MONTREAL, April 8 (Reuters) - Shares of Canadian telecommunications equipment maker Northern Telecom Ltd. (Toronto:NTL.TO - news) and its parent BCE Inc. (Toronto:BCE.TO - news) surged on Thursday after Bell Atlantic Corp. (NYSE:BEL - news) said it awarded a network supply contract to Nortel worth up to $1 billion. Nortel shares soared C$8.25 at C$109.45 on the Toronto Stock Exchange, while BCE shares jumped C$3.35 at C$75.80. The volume of shares of BCE, which owns 41 percent of Mississauga, Ontario-based Nortel, was more than 1.3 million. Nortel share volume was almost 900,000.