Alliance Capital Sees An Opportunity In Reuters' Purchase Of Teknekron

TECHNOLOGY STRATEGIES

Officials at Alliance Capital Management L.P.--a committed user of Teknekron Software Systems Inc.'s market data distribution platform--were pleased by Reuters Holdings PLC's acquisition of the systems integrator late last year, but remain wary of the deal's potential consequences. Meanwhile, technology officials and others at Fidelity Investment Services Inc. are keeping mum as to the future of their years-old relationship with Teknekron.

The purchase, for a hefty $125 million, has sent a

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