How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 491.25

+1.7%

12:03 PM EST

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To: Sir Francis Drake who wrote (22268)	5/6/1999 1:37:00 PM
From: Maverick	Read Replies (1) of 74651

MICROSOFT (80-5/8, up 1-1/2 @ 11:10 ET) said it would take a $5 billion stake in AT&T CORP (61-9/16, up 4-5/8 @ 11:10 ET), forging an alliance to speed the delivery of voice, video and Internet services into millions of American homes. AT&T will increase its use of Microsoft's Windows CE-based operating system software in its digital set-top boxes, through which AT&T expects to manage its high-capacity cable links to customers. AT&T had previously committed to use a Windows CE-based system in 5 million television set-top boxes, which will be raised 50 to 100% under Thursday's announcement. AT&T will also license software Microsoft is developing to deliver e-mail and interactive services over cable television. For the full text story, see infobeat.com

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