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  1. Technology
January 7, 1988


By CBR Staff Writer

The rumour mill was working overtime in the City yesterday after Hull-based Texas Instruments reseller Radius Plc announced on Wednesday that it held just over 5.0% of Altos Computer Systems Inc and Wyse Technology Inc distributor Logitek Plc: the story doing the rounds was that Logitek – yes, that way round – was preparing a bid for Radius, a suggestion described by Logitek boss Jim Pickup as absolutely untrue: both shares were strong, Logitek up 10 pence at 133p and Radius, after a 23p advance on Wednesday, leaped 15p to reach 240p.

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