How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 418.44

+1.2%

12:49 PM EST

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To: vinod Khurana who wrote (3707)	10/22/1997 10:34:00 AM
From: vinod Khurana	Read Replies (1) of 74651

Microsoft , Yahoo! in online deal REDMOND, Wash., Oct 21 (Reuters) - The Microsoft Network online service will make Yahoo! its exclusive third-party provider of Internet directory services, Microsoft Corp and Yahoo! Inc said Tuesday. The companies said Yahoo!'s directory will complement the current search and directory services on the Microsoft online service. In addition, the companies said Yahoo! will distribute news from MSNBC, and automotive and car-buying information from the Microsoft CarPoint online automotive service. Financial terms of the deal were not disclosed. The companies said they expect to integrate these features by the end of the year. Yahoo's stock was trading at about 50-1/2, up from its close on Monday of 48-14/16. Microsoft was trading at 136-5/16, up from its close on Monday of 132-10/16.

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