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Metalink Higher After Successful Lucent Test

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Metalink

(MTLK)

was inching up after

Lucent

TheStreet Recommends

(LU)

said it successfully tested its high-speed DSL chipset.

According to Metalink, the technology could enable telecommunications providers to deliver high-speed broadband to compete with cable companies. Lucent is using it to develop bundled video, voice and data services for business and residential customers.

On Instinet, Metalink was recently gaining 7 cents, or 1.5%, to $4.79.