How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.01

+1.3%

Nov 28 12:59 PM EST

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To: ed who wrote (9921)	8/2/1998 8:52:00 PM
From: fff	of 74651

Microsoft has an Internet alliance with France Telecom and is involved in several cultural and educational projects. The deal with TMM will give Microsoft access to direct television know-how and decoders -- essential to get television on the web -- while TMM will get access to Microsoft's Windows CE operating system -- essential to get the web on television. TMM made a first half profit of 64 million francs ($10.8 million) against a loss of 538 million in the previous year. For the full year it expects its sales to rise by some three percent to 39 billion. "We should be close to break-even at the year-end," Breton told the newspaper Les Echos. TMM still has some 5.6 billion francs in debt which a company spokesman called "bearable." On Thursday evening, the finance finistry announced it would sell almost a third of Thomson Multimedia (TMM) , to France's Alcatel , Microsoft of the U.S., Japan's NEC <6701.T> and the Direct TV unit of Hughes Electronics ....

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