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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (17856)7/14/1999 8:02:00 AM
From: John Carragher  Read Replies (1) of 64865
 
A piece taken from today's write up on Mot.ref sunw in Smart Money.

With more fanfare, Motorola has hooked up with networking leader Cisco Systems (CSCO) and
programming powerhouse Sun Microsystems (SUNW) in the past year. The Cisco alliance covers a
jointly owned company, purchased in June, which the two firms will use to build wireless Internet
systems. The Sun alliance salts away $1 billion over 10 years to fund engineering designed to make
wireless Internet connections as reliable as ordinary phone calls. Last week, Motorola reversed
months of layoff announcements to issue word that it will hire 1,400 engineers to work on these and
other systems.
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