Article Abstract:
Telxon Corp, after Robinson-Humphrey's depreciation of the company's revenue growth for FY 1992, returned to the $24 level in the final trading week of Feb 1992. Rocker Partners, the influential New York investment partnership led by David Rocker, continued to buy Telxon's stocks. Telxon's increasing presence in the wireless communications market was felt last Feb 1992, when the company was chosen over three competitors to supply wireless spread spectrum portable tele-transaction computers to Wal-Mart Stores Inc.
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Article Abstract:
There has been an obvious shift in the management objectives of International Business Machines Corp (IBM) as manifested in the partnerships and joint ventures it has entered. One of the major deals being negotiated by IBM is a $500 million investment in Time Warner's cable systems which would integrate the computer technology of IBM with the entertainment productions of Time Warner. Stock analysts are reacting favorably to IBM's management decisions by upgrading their estimates for the company's stock.
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Article Abstract:
Dell Computer Corp topped the list of largest insider purchases for the year ending Jan 1992. Dell chmn and CEO Michael Dell bought 215,000 shares to make a $1.7 million profit. A spokesperson for DELL denied speculations that the purchases were made with prior knowledge that the company was going to come up with the highest quarterly gain in its corporate history. The purchase makes up 2% of the CEO's 12.2 million share.
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