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Technology Stocks : Software.com, Inc. (SWCM) -- Ignore unavailable to you. Want to Upgrade?


To: Rusty Johnson who wrote (119)8/10/2000 12:57:40 PM
From: Rusty Johnson  Read Replies (1) | Respond to of 142
 
And Forbes ...

Phone.com Merges With Software.com

By Lisa DiCarlo

forbes.com

Unified messaging is one of those things that has been around for years--Lotus Development and several smaller companies also have such products--but hasn't taken off, largely because it's clunky and often unreliable.

But that could change with the merger. Phone.com (nasdaq: PHCM) invented Wireless Application Protocol (WAP), which is what enables cell phones, pagers and other gadgets to wirelessly access the Internet. It's become a standard supported by most wireless companies and could be the glue that holds unified messaging together.

As with almost all things wireless, Europe is ahead of North America in deployment of WAP standards and devices. WAP use is expected to surge as companies figure out how to better stuff Web information down to the diminutive devices.

Wall Street certainly thinks the companies can pull it off, and both stocks pushed way up in late-morning trading today. Software.com (nasdaq: SWCM) was up more than $37 to $114 and Phone.com was up almost $15 to $93.

"These are two of the most innovative software and Internet companies," says Don Listwin, a former Cisco Systems (nasdaq: CSCO) executive vice president who will take over as president and chief executive of the as-yet unnamed company. "I hope I've been in training for this role for some time."

That Alain Rossman and John MacFarlane, CEOs of Phone and Software respectively, were willing to step aside and accept executive vice president roles to make room for Listwin, speaks volumes about their high expectations and faith in his ability.


And Red Herring ...

Phone.com beefs up for big pitch
By Paul Kapustka

redherring.com

Best of luck.