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Technology Stocks : Xerox (XRX)

XRX 3.060

+1.7%

Nov 7 4:00 PM EST

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To: Mike Redding who wrote (250)	4/26/2000 8:49:00 PM
From: Fuzzy	Read Replies (1) of 431

Could be interesting tomorrow:: Xerox, Microsoft to launch new company Thursday SAN FRANCISCO, April 26 (Reuters) - Copier giant Xerox Corp. (NYSE:XRX - news) and software behemoth Microsoft Corp. (NasdaqNM:MSFT - news) plan to host a press conference on Thursday to unveil a new firm that will be focused on media management over the Internet. A spokesman said that the firms will host a news conference at Xerox's Palo Alto Research Centre, which will be attended by Microsoft president and chief executive Steve Ballmer and Xerox president and chief executive Rick Thoman. The companies said in a statement that their announcements would ``impact the future of Internet use and e-commerce.'' A spokesman said they plan to launch a new firm centred on media management. He declined to be more specific and no other details were immediately available.

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