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


To: Jim Lamb who wrote (4626)1/11/1998 7:32:00 PM
From: pass pass  Respond to of 74651
 
"The story of the great United States is the story of Microsoft", sure, getting cheap labor from overseas developing countries; expanding by bloody invasion of weak neighbors or buyout (1 penny a square mile or something like that); shamelessly lying to the public;



To: Jim Lamb who wrote (4626)1/11/1998 8:19:00 PM
From: DiViT  Respond to of 74651
 
Guess WebTV was not such a bad purchase after all...

Microsoft to Supply Software for Cable Boxes
By Martin Wolk

SEATTLE (Reuters) - Microsoft Corp. has scored a
major victory in its aggressive push to lead the
convergence of television and the Internet, winning a
contract to supply the core software for at least 5
million advanced set-top boxes for cable giant
Tele-Communications Inc.

The deal, hammered out in negotiations that lasted until
2:30 a.m. Saturday, came just a day after Microsoft's
bitter rival Sun Microsystems Inc. announced TCI
would use its Java programming language in the boxes,
which will give consumers access to a wide range of
services from home shopping and banking to
high-speed Internet access.

But TCI Chairman John Malone made clear that
Microsoft's Windows CE operating system would be
included in each of up to 11.9 million boxes it plans to
deploy over the next several years, while Sun's
technology would be included only if economically
viable.

"We chose Microsoft because we felt they were the
furthest along in terms of convergence between the
Internet and the TV set," Malone said in a conference
call with analysts and reporters. "This is the horse on
which we're going to put our money."

Financial terms were not disclosed, but one analyst
estimated TCI, the nation's largest cable provider,
would pay Microsoft a licensing fee of $25 per box to
include a special version of Windows CE, the software
giant's growing family of software for consumer
electronics.

While TCI has committed to a minimum of 5 million
units in the non-exclusive deal, Malone said the cable
giant plans to include Windows on all the 6.5 million to
11.9 million boxes it expects to buy for itself and
affiliates over the next three to five years.

Malone said part of what set Microsoft apart was its
WebTV technology, some of which will be included in
the boxes, which TCI hopes to begin deploying to its
customers late this year. WebTV, which Microsoft
bought last year for $425 million, supplies Internet
service through the television set to about 200,000
subscribers.