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To: goin HOG wild who wrote (27627)8/2/1999 8:23:00 AM
From: Jerry S.  Respond to of 41369
 
Standard & Poors analyst Braverman bullish on AOL; thinks $225 attainable in 12 months - saw it on CNNfn.



To: goin HOG wild who wrote (27627)8/2/1999 8:24:00 AM
From: Roy F  Read Replies (1) | Respond to of 41369
 
Sun-Netscape sees jump in Asia customers

August 2, 1999 05:12 AM
KUALA LUMPUR, Aug 2 (Reuters) - An alliance between Sun Microsystems Inc SUNW and America Online Inc's AOL Netscape said on Monday it expects a 75 percent increase in customers in Asia in its 1999/2000 (July-June) financial year.

"We expect growth rate somewhere in the region of 75 percent year-on-year throughout the region," Stephen Furney-Howe, vice president for the Sun-Netscape Alliance in Asia Pacific, told a news conference.

He said there were "hundreds of customers" in Asia using the two companies' electronic commerce products, which were grouped together last month under a single brand called i-Planet.

"We certainly want to be the market leader for e-commerce solutions and the vendor of choice...in this region," said Thomas Choong, managing director for the alliance's Asia South Group.

The firm's global customers include GTE Corp. GTE , Motorola MOT , Ford Motor Company F and the Bank of America BAC .

The alliance said India's Videsh Sanchar Nigam Ltd , Telekom Malaysia Bhd , Tenaga Nasional Bhd and Network for Electronic Transfers (Singapore) Pte Ltd (NETS) were among its customers in Asia.

Malaysia's Multimedia Super Corridor -- a high-technology zone being developed as a testbed for information technology and multimedia systems -- was expected to propel demand for the alliance's i-Planet software, Choong said.

AOL agreed to buy Netscape Communications Corp in November and formed an alliance with the Palo Alto, California-based Sun, under which Sun would sell Netscape's corporate software.

((Kuala Lumpur newsroom, +603 2275-6846 fax +603 232 6752, kuala.lumpur.newsroom@reuters.com))

REUTERS .