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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (5922)	4/9/1999 12:31:00 PM
From: SteveG	Read Replies (1) \| Respond to of 9236

(Like I said it's what I heard - people who know me can decide themselves) <A> =Aware Up 37% Thu; Digital Subscriber Line Tech Gets Boost This report was first published Thursday. By Stephanie N. Mehta NEW YORK (Dow Jones)--Shares of Aware Inc. (AWRE) soared 21 3/8, or 37%, to close at 78 7/8 Thursday on positive news about so-called "digital subscriber line" technology. Aware, Bedford, Mass., designs software that helps phone companies deliver high-speed Internet access over traditional telephone lines. The company sells its technology to semiconductor makers and telecommunications-gear manufacturers. Market sources believe shares of the company were buoyed by the announcement of two Bell Atlantic Corp. (BEL) contracts that underscored the telephone company's commitment to digital subscriber line, or DSL, technology. Bell Atlantic on Thursday said it would spend about $1.4 billion over five years on the deployment of high-speed capacity in its network. "There is a lot of momentum in the DSL space," an Aware spokeswoman acknowledged. While Aware wasn't specifically mentioned in the Bell Atlantic announcement, analysts believe the company's decision to broadly deploy DSL is good news for Aware. Bell Atlantic and other Baby Bells have announced plans to sell DSL services in their home territories. Separately, Bell Atlantic extended a contract with Westell Technologies Inc. (WSTL), another small provider of DSL gear. Shares of Westell, based in Aurora, Ill., rose 1 13/16, or 46%, to close at 5 3/4. (END) DOW JONES NEWS 04-09-99 08:31 AM