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To: Sector Investor who wrote (31087)	1/20/1998 8:31:00 AM
From: Glenn D. Rudolph	Respond to of 61433

Compaq, Intel, Microsoft in Internet alliance-NYT Reuters Story - January 20, 1998 07:26 %TEL %US %BUS %ENT %ELI %DPR CPQ INTC MSFT GTE V%REUTER P%RTR NEW YORK, Jan 20 (Reuters) - Compaq Computer Corp , Intel Corp and Microsoft Corp have joined with most of the nation's largest local telephone companies to provide higher speed Internet access using regular telephone lines, the New York Times reported on Tuesday. Citing executives involved in the alliance, the newspaper reported that the three companies plan to unveil the venture next week at a communications conference in Washington. The executives said the three companies, which set much of the agenda in the computer industry, have teamed up with GTE Corp and with four of the five baby bell companies to set standards for the next generation of access to cyberspace, the newspaper said. The group wants to have modems and software based on the new standards on store shelves by Christmas, the newspaper reported.