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Technology Stocks : Seagate Technology

STX 282.86

-0.9%

Dec 9 4:00 PM EST

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To: Sam who wrote (4257)	11/23/1997 11:42:00 PM
From: Gus	Read Replies (1) of 7841

Interesting discussion. Microsoft recently plunked down over $40 million for a piece of another speech recognition player, Lernout en Hauspie (LHSPF). I read recently that Gates believes that the way people interface with computers is going to change dramatically over the next 3-5 years as processors become more powerful and speech recognition algorithms become even more sophisticated. I believe MSFT is in the process of including parts of LHSPF tech in the various iterations of Windows over the next few years. $1.0 billion market cap for a company which only had revenues of $28 million in the September quarter!?!

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