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 : Phone.com [PHCM] -- Ignore unavailable to you. Want to Upgrade?

To: Mark Oliver who wrote (423)	9/7/1999 8:18:00 AM
From: Ellen	Read Replies (1) \| Respond to of 1080

totaltele.com [registration is free] WAP Gives Software Writers Wings By Linda Andersson at Bloomberg News 06 September 1999 Software makers are finding themselves under the spotlight thanks to the prospect of work connected to the imminent arrival of the Wireless Application Protocol (WAP). Two Swedish vendors, Trio AB and Nocom AB, have seen their shares surge on optimism wireless Internet products will boost their earnings. WAP technology allows mobile phone users to access data on the Internet, giving cellular companies and equipment makers the opportunity to gain from surging data traffic. Europe's market for Internet services is seen growing 69% a year through 2003, according to market surveyor International Data Corp. "WAP will be an important driver in the IT market ahead," said Johan Svensson, an analyst at Fischer Partners. "Investors want shares in the companies that have come the furthest." Trio shares rallied 50%, extending a 19% gain Friday after the company said it would add a WAP client to its call handling product, PresentOffice, which gives operators and personnel accurate information about all the staff of a company, making employers immediately available for callers. "Users can now manage the system at home, on the road, as well as in the office," increasing corporate availability, said Trio, which tested the new product together with Nocom. Nocom climbed 17%, advancing for a fifth day after it won an order for WAP services from SEB AB, the Nordic region's No. 5 bank. Nocom, based in Uppsala to the north of Stockholm, said Tuesday it would supply wireless Internet services to SEB and be responsible for the bank's WAP operations. The company also has a WAP venture with Nokia Oyj, the world's top mobile phone maker. WAP was developed by the world's three largest mobile phone makers - Nokia, Motorola Inc. and Ericsson AB - as well as Phone.com Inc., a U.S. software maker. Nocom said last month first-half profit rose 11% to 2.0 million kronor ($244,000). Trio saw its first-half loss almost triple to 19.9 million kronor from 7.1 million kronor in the year-earlier period. Copyright 1999, Bloomberg L.P. All Rights Reserved. Related Stories WAP to Email Race Hots Up Concurrent Data Dynamics Launches WAP Portal WAP Take-up May Be Hampered Germany's MobilCom Buys Into Computer Seller totaltele.com WAP Take-up May Be Hampered RDSL 01 September 1999 The take-up of the Wireless Application Protocol (WAP) standard by 2001 may be hampered by a number of factors, according to a report by International Data's European research group. The take-up may be hindered by competition from the Short Message Service (SMS) standard and other alternative standards, and a wide range of other issues related to future marketing and application uncertainties. WAP's strong links with Internet content which is not mobile-friendly should benefit from General Packet Radio Service (GPRS) and other faster mobile data services. However, these services may also end up competing against WAP if they raise the propensity for users to link laptops to the Internet through wireless modems, according to Tim Sheedy of IDC. Article discusses matter in further detail.