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Technology Stocks : Data General Corp. "dgn" -- Ignore unavailable to you. Want to Upgrade?

To: Moneysmith who wrote (292)	5/18/1999 1:30:00 PM
From: zeuschan	Respond to of 354

Not possible. First of most of DG stocks are owned by 2-3 investment companies. I don't know their names but I can find out from Value Line. If they are not selling, then there is no takeover. Plus, they had been owning the stocks for decades and it's not making money for them. (Don't know why they are holding on to it) Seriously, I couldn't think of anyone wanting to take over DG. Dell ? They are in Texas ! EMC ? Why do they want DG ?! EMC can crush them like a bug. I keep dreaming someone will take my DG stocks, but I know it's not gonna happened.

To: Moneysmith who wrote (292)	5/19/1999 12:39:00 AM
From: DJBEINO	Respond to of 354

Data General's Skates Expects Operating Losses, WSJ Reports Westboro, Massachusetts, May 19 (Bloomberg) -- Data General Corp., a maker of computer servers and storage devices, expects to report operating losses for the next several quarters as it bids to become a big seller of storage products, said Chief Executive Ronald Skates, the Wall Street Journal reported. Data General will invest $100 million during the next 18 months to build a sales force to sell its Clariion line of disk-storage systems directly to companies and the government. Skates said 300 sales people will have a quota of $2.5 million to $3 million a year, indicating additional revenue of $750 million to $900 million a year once all are meeting their quotas, the newspaper said. Data General's new system allows companies to save information to an independent storage device without interrupting the work of their computer storage systems. (WSJ 5/19 www.wsj.com)