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To: Lizzie Tudor who wrote (50599)	7/2/1999 2:02:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 86076

Michelle, the gist of the NY Times story on CSCO, was that mighty CSCO was concerned about competition by a few companies including ARBA, in areas that they are trying to expand in. I bought some More SAP a few days ago so pleased to hear that ARBA could be knocked off by them -g- RNWK has moved very nicely the past few days thanks, often bitter combatants, agreed to a deal that will provide RealNetworks's updated multimedia capabilities for users of Microsoft's WebTV Networks devices. this is a constructive deal for RNWK. Jim Glaser the CEO of RNWK has always impressed me. I saw him on a CSPAN panel on technology during X-mas 1997 and he had the most foresighted view of the bandwidth issue and other upcoming technologies. I actually bought 900 shares of RNWK below the IPO price in Jan 1998. And no I did not keep them until this year I sold them on the first run up to 36 (presplit numbers)