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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Blue Snowshoe who wrote (35362)12/12/1999 11:03:00 PM
From: puborectalis  Read Replies (1) | Respond to of 74651
 
Sunday December 12, 10:44 pm Eastern Time

HK&China Gas, Microsoft to hold joint
announcement

HONG KONG, Dec 13 (Reuters) - Hong Kong and China Gas Co and Micrcsoft Corp
(NasdaqNM:MSFT - news) will hold a press conference on Monday to make a joint
announcement, a spokeswoman for Microsoft said on Monday.

But she declined to give details about the announcement.

Hong Kong & China Gas, an indirect subsidiary of Henderson Land Development Co Ltd , said on Monday it would hold a
news conference at 1615 local time (0815 GMT) to announce a new business project.

Micrsoft had said earlier said it would hold a news conference with a major partner in Hong Kong at 1600 (0800 GMT) on
Monday in the same hotel conference room.

The Microsoft spokeswoman confirmed the two companies would hold a single joint news conference at the venue.

Analysts said the gas provider had an optical fibre network as part of its distribution network, which was available for
telecommunications use. The company's ultimate parent, Henderson Land probably would like to utilise that network for
Internet and telecommunications businesses, they said.