SPYG in the mid-teens Message Board

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Technology Stocks : SPYG in the mid-teens

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To: Ray Jacobson who wrote (184)	1/2/1997 10:41:00 PM
From: Frank Mathis	of 219

To All: Thursday January 2 2:14 PM EST Microsoft Corp hopes to resolve Spyglass flap SEATTLE, Jan 2 (Reuter) - A Microsoft Corp spokesman said the computer software giant is ahead of schedule on royalty payments to Spyglass Inc and hopes to resolve a dispute between the two companies amicably. Earlier Spyglass said it intends to exercise its contractual right to audit Microsoft records to determine whether additional royalty payments are owed on technology used in the Internet Explorer browser. "We believe the review will show that we are actually ahead of our payments to Spyglass because we have prepaid several million dollars of royalties," Microsoft spokesman Mark Murray said. He declined to comment on the specific provisions of the royalty agreement between the two companies, saying details were confidential. "We value our partnership with Spyglass," Murray said. "We look forward to resolving this in an amicable way and working with them in the future." ((-- Reuters Seattle bureau 206-386-4848)) biz.yahoo.com

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