View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 28, 1995


By CBR Staff Writer

Despite Gandalf Technologies Inc’s hostility to the idea of being acquired, the Nepean, Ontario firm was a hot property on Nasdaq last week, with over 16m shares changing hands on a single day. Another 2.8m shares traded in Toronto, meaning that more than half the outstanding shares changed hands in a single session. There are no signs of a predator closing in. Rather, commentators pointed to the magic of the word ‘technologies’ in the corporate name, coupled with the spate of acquisitions in the ISDN field of late as reasons for the feeding frenzy. For its part, Gandalf attributed the activity to San Francisco broker and fund manager Hambrecht & Quist LLC’s buy recommendation on the company.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.