SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: Klingerg who wrote (7526)6/21/1999 10:41:00 PM
From: Norman Klein  Read Replies (2) | Respond to of 11417
 
AOL invests 1.5 Billion in Hughes

The full story can be found at
washingtonpost.com

The investment in Hughes, a satellite communications company that offers digital TV and Internet access, represents the largest cash investment ever made by AOL, officials said.

Haven't connected the dots yet, but know that WAVX is somehow going to eventually be involved in this deal



To: Klingerg who wrote (7526)6/22/1999 5:34:00 AM
From: Klingerg  Respond to of 11417
 
Reuters Update on ITG/Wave News in my earlier post... {Note times of reuters posts 7:35 vs 8:31.


Monday June 21, 8:31 pm Eastern Time
Internet Tech to open French offshoot-FT
LONDON, June 22 (Reuters) - Internet Technology Group (quote from Yahoo! UK & Ireland: ITH.L), Britain's largest independent Internet service provider, is starting a subsidiary in France, the Financial Times said on Tuesday.

A Paris office would open in September, the paper quoted the company as saying.

The move to France was part of ITG's strategy to create a highspeed network linking Europe's main business centres, finance director Richard Brocksom was quoted as saying.

The Times newspaper reported that ITG was planning to float its joint venture with U.S. group Wave Systems (OTC BB:WAVX - news) within the next few months.

The GlobalWave joint venture, likely to be listed in Britain, could be valued at more than 100 million pounds, the Times said in its unsourced report.

ITG said on Monday the real growth in the Internet market had yet to come.