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Technology Stocks : How high will Microsoft fly?
MSFT 478.370.0%9:36 AM EST

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To: werefrog who wrote (35339)12/12/1999 12:03:00 PM
From: taxman  Read Replies (1) of 74651
 
this is old news but thought the commentary would be of interest.

(BUSINESS WIRE) - Ericsson and Microsoft to Form
Joint Company Microsoft
Corp. (MSFT, $92, down 1 ) and Ericsson (ERICY,
$64, up 5) today
announced a strategic partnership to develop and
market end-to-end
solutions for the wireless Internet, based on a
shared vision of
convenient and fast access to information
anytime, anywhere, from any
device. Ericsson and Microsoft will form a joint
company to market and
deliver mobile e-mail solutions for network
operators. Ericsson will own
the majority share of the new company.

COMMENT: This is a good move for Microsoft. We
still prefer Nokia over
Ericsson, and we see no reason to budge on that.
Still, the joint company
being formed will be a powerful force in wireless
solutions and
innovations. Microsoft is a juggernaut that some
investors may not be
riding, but none should be foolish enough to be
caught standing in front
of.

Copyright The Bull Market Report

regards
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