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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Ruffian who wrote (6904)	2/25/2000 12:15:00 PM
From: engineer	Respond to of 13582

<<<<Did you happen to notice what IBM stock has done since this announcement? Gone down 10%. Kinda like the old school getting together to try to keep their market going from those new upstarts. Good luck when two dinosaurs get together.>>>> IBM, AT&T Collaborate WHITE PLAINS, N.Y. (Reuters) - International Business Machines Corp. (NYSE:IBM - news) and AT&T Corp. (NYSE:T - news) said on Friday they plan to provide wireless access to key corporate information, including the Internet, corporate intranets, and corporate databases. By virtue of the size and reach of the two companies, the No. 1 U.S. telephone carrier and the world's largest computer maker, the pact was arguably the most significant effort to date to bring the Web to wireless devices in the United States. IBM said it will combine its software and services with AT&T's wireless Internet Protocol network, allowing business customers to access data and programs over cell phones, laptop computers and handheld devices. ''E-business is going mobile. Over the next five years, more than 80 percent of new corporate applications will be designed for non-PC devices, such as wireless phones,'' said Gary Cohen, General Manager, IBM Global Telecommunications Industry. A source familiar with the pact said the service was expected to be available later this year. Database software company Oracle Corp. (NasdaqNM:ORCL - news) said earlier in the week it would spin off a unit that created a wireless Web access service over cell phones, a service already up and running. Wireless services customers will be able to use these devices for e-mail, personal scheduling, contact information, and access to other business programs, the companies said in a statement.