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Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?


To: Beta Nasdaq who wrote (3651)6/24/1999 1:24:00 PM
From: John F Beule  Respond to of 5843
 
More on the set-top box deal:

RealNetworks software to be added to cable boxes
By Reuters
Special to CNET News.com
June 24, 1999, 6:45 a.m. PT

RealNetworks will announce a deal today to distribute its RealPlayer G2 multimedia software in Liberate Technologies television set-top boxes, company executives said.

The distribution arrangement is the latest step in a move by Seattle-based RealNetworks to extend its dominance of the market for audio and video software into the emerging world of high-speed Internet connections.

Liberate, formerly known as Network Computer, is backed by a number of cable television and technology companies led by Oracle and America Online. It has forged deals to provide interactive television software and services to cable giant Comcast, regional telephone operator US West, and America Online's AOL TV and others.

"This is a great step forward for us into broadband,'' RealNetworks senior vice president Len Jordan said. "It lets us continue to broadly distribute our player and allows us to distribute more broadly into cable."

RealNetworks, which already has distributed its software to 65 million Internet users, has been moving aggressively in recent months to speed development of a so-called broadband network that would allow the delivery of more video over the Internet.

The company says 85 percent of Internet sites with multimedia content already use RealNetworks software rather than rival products made by software giant Microsoft.

Liberate is the chief rival to Microsoft in the battle to provide software for advanced television set-top boxes expected to be distributed to millions of cable television customers in coming years. But Charlie Tritschler, vice president of marketing for Liberate, said the deal with RealNetworks was not exclusive and the company would continue to work with Microsoft in other areas.

Network Computer initially was set up by Oracle chief executive officer Larry Ellison and Netscape Communications to offer an alternative platform to the personal computer standard dominated by Microsoft.

The company, which has now shifted its focus to the set-top box, announced investments totaling $50 million from 11 companies last month and filed to go public.

Story Copyright © 1999 Reuters Limited. All rights reserved.



To: Beta Nasdaq who wrote (3651)6/24/1999 2:49:00 PM
From: LLCoolG  Respond to of 5843
 
Beta,

Does that mean that my rotary telephone, my horse and buggy, and my telegraph machine are obselete now? Me and the rest of my fellow X'ers were hoping to at least sell some of these items. You are blowing our scam apart!

G



To: Beta Nasdaq who wrote (3651)6/24/1999 3:17:00 PM
From: Cascade Berry  Read Replies (2) | Respond to of 5843
 
Yes I agree. The internet is the future. Along with fuel cells for decentralized energy production, we will have a real breakthrough in rural habitability, both from the twin perspectives of cultural resources and energy resources available for a comfortable existence, anywhere on the planet. However, the barriers to entry for new businesses on the net will be very low, leading to difficulty of the largest early players translating their lead into meaningful earnings. After the hype - show me the earnings. I'm not seeing high profitability due to the incredible prospects for competition that the net engenders.

I'm a technophile myself - but I don't think these companies are going to reward shareholders - only their customers.

"Those sardines are for trading not eating"



To: Beta Nasdaq who wrote (3651)6/25/1999 12:32:00 PM
From: Pruguy  Respond to of 5843
 
AOLRADIO is in beta for testing by aol users....anyone know if/where rnwk fits into this or did they get dealt out completely....anyone who may know,I would love to hear what they can share