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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: David Howe who wrote (50685)10/5/2000 1:38:27 PM
From: johnd   of 74651
 
A huge win for MSFT's Office2000, WIn98 in PRC
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Tengtu International Chairman and CEO Pak K. Cheung said thatdirect billing of the Microsoft MSFT-based software purchaseby the Ministry of Education would generate one of the largest salesin the history of the company. "Much more important," he explained,"tens of thousands of individual school systems could be galvanized bythis act of the Ministry at its highest level to speed up their ownorders for installation of our software products. It is impossible tooverestimate the value of this official endorsement. We believe thatit sends a clear signal to educators that they cannot be criticizedfor buying products that the Ministry itself has tested, foundappropriate and purchased in huge quantities."

In order to expedite its established projects on "Relief toDisadvantaged Regions," "Contemporary Distance Learning" and"Information Technology Education", the PRC Ministry of Education hasselected MS Windows 98 (Chinese edition) and MS Office 2000 (Chineseedition) software, both distributed by Tengtu. Once these desktopoperating and application systems have been installed, along with MSSBS4.5 for the backbone servers, Tengtu will offer its own proprietaryeducational software to the schools.
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