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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: esecurities(tm) who wrote (454)9/11/1997 1:40:00 PM
From: esecurities(tm)   of 4231
 
Infobeat Stock Alert. Lernout (Kurzweil) in Microsoft pact.

"...MICROSOFT (135-1/2, up 3/8 @ 9:45am EDT) and LERNOUT & HAUSPIE
SPEECH PRODUCTS (36, up 4-1/8 @ 9:45am EDT) announced a broad
strategic alliance designed to accelerate development of the next
generation of voice-enabled computing on the Microsoft Windows
platform. Microsoft will invest $45 million in L&H common stock,
representing a minority stake in the company. Microsoft and L&H
have agreed to share technologies and expect to cooperate on
future speech technology initiatives..."
(Dow Jones)
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