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Technology Stocks : Buying IPOs on the open market

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To: $Mogul who wrote (3808)10/25/1999 7:00:00 AM
From: puborectalis   of 5529
 
Title:
Aether Systems aims to put data into your hand; Owings Mills firm sees market
in feeding palm-sized devices; Initial public offerings

Summary:
Aether Systems Inc. is angling for what analysts predict will be one of the big
growth sectors in the telecommunications markets during the next three years:
Transmitting a wide range of data, from real-time stock and mutual fund quotes
to airline schedules and e- mail on palm-size computers and other hand-held
devices such as "smart phones." Aether develops sophisticated communications
systems and data compression software to allow financial market and other data
to be transmitted and received on mobile devices. It also plans to expand into
operating customer support centers for wireless data clients. For example,
Discover Brokerage, Morgan Stanley Dean Witter & Co.'s online trading unit,
spent less than six months working with Aether to design TradeRunner, a
wireless trading and account information system launched two weeks ago.
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