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

To: Mukti Samal who wrote (35389)	12/13/1999 8:28:00 PM
From: thebeach	Respond to of 74651

HOKCY-Microsoft ( MSFT ) will partner with iCare.com Limited, a Towngas-managed company, to provide the enabling technologies for a comprehensive range of Internet services that will be available for the first time in Hong Kong through state-of-the-art TV-based set-top boxes. Microsoft president Steve Ballmer said, “Towngas' PC and TV-based Internet service is in line with the Microsoft vision of empowering people through great software any time, any place and on any device.” “Using Microsoft TV technologies to enable the customers to access the Internet through a familiar device in a comfortable setting – the television in the living room – is absolutely the right way to pursue this untapped potential market,” Mr Ballmer said. “I look forward to seeing iCare turn our vision of the Everyday Web into a reality in Hong Kong.” Mr Chan said, “We believe the user-friendly set-top box technology and customer confidence in Towngas will make a significant difference. Customers now have a convenient link to the Internet through either narrowband or broadband network. This capability means that the set-top box can be connected to every home that has an ordinary telephone line. Now customers can enjoy easy, single-click access to the worldwide web via the set-top box connected to television sets in their home.” “We believe e-commerce is a fast-growing sector with vast potential. The TV-based market segment is virtually untapped and there are roughly 1.5 million households that are not connected to the web yet. We are therefore in an excellent position to capture this market. Our competitive edge lies in our strong existing customer base, customer confidence and trust in Towngas, the virtual absence of technological barrier for using iCare services, as well as the convenient, value-for-money and diverse services that we will provide,” said Mr Chan towngas.com towngas.com This is a MAJOR well established company: towngas.com Listed on the NASDAQ as HOKCY bigcharts.com Towngas has a fiber optic network throughout Hong Kong and three provinces in mainland China that can easily be used for other communications (INTERNET/INTRANET), With all that said, what do you think about MSFT's move into China????