Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: ANANT who wrote (29986)	8/24/1999 3:28:00 PM
From: ANANT	Respond to of 41369

Stamps.com stock riding wave of Microsoft support LOS ANGELES, Aug 24 (Reuters) - Shares in Stamps.com Inc. <STMP.O> surged for a second day on Tuesday as the Internet postage vendor rode a wave of support from Microsoft Corp. <MSFT.O>, the leading software company. Stamps.com, based in Santa Monica, Calif., rose $4, or more than 11 percent, to $38.19. That followed a 14 percent gain on Monday after the company announced a partnership with Microsoft. Microsoft said it would offer Stamps.com service through its Office Update Web site, giving the company access to millions of users of the popular Office suite of business software. Stamps.com lets customers buy postage over the Internet and then print a bar-code stamp directly on to an envelope. It is one of the first companies approved by the U.S. Postal Service to conduct such business. The deal is Stamps.com's latest move to partner with major computer and office-supply companies. It already has deals with Internet service provider America Online Inc. <AOL.N>, office equipment retailer Office Depot Inc. <ODP.N> and business software maker MySoftware Co. <MYSW.O> to boost its profile with the millions of small businesses expected to make up the bulk of its customers. Stamps.com's main rival, closely held E-Stamp Corp., is partly owned by Microsoft. E-Stamp makes use of a small device that plugs into a computer and safely stores electronic postage that is also printed on an envelope. E-Stamp has also struck deals with Compaq Computer Corp. <CPQ.N> and with Internet portal Yahoo! Inc. <YHOO.O>.