View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 24, 1988


By CBR Staff Writer

In what looks to be the result of rumour feeding on itself and dealers seeking to fuel a bit of business when trading is so thin, Plessey Co Plc shares had put on ninepence to 167p by lunchtime yesterday and Reuters added fuel to the flames by putting out a note on its newswire. Needless to say, the name that came top of the list of possible predators was Siemens AG, but Siemens, not doubt a little wearily by this time, issued a denial. Other names out of the hat were AT&T Co – as a substantial defence contractor, Plessey is unlikely to be allowed to go to a foreign firm; STC Plc – a possibility in the medium term but right now it has to sort out its new business arrangements with Northern Telecom Ltd; Thorn EMI Plc – it still has enough problems of its own and is surely not ready to take on any new ones. The other name mentioned was Hanson Plc. Well yes, it was that kind of day in the market…

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 New Statesman Media Group 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.