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


To: freeus who wrote (4958)2/3/1998 4:09:00 PM
From: Sowbug  Read Replies (1) | Respond to of 74651
 
Thanks for the link to the letter. I'm going to take Bill's scanned signature and print me up some checks.



To: freeus who wrote (4958)2/3/1998 9:08:00 PM
From: Ibexx  Read Replies (2) | Respond to of 74651
 
freus and thread,
_______

Microsoft will not buy telco stake-Gates

PARIS, Feb 3 (Reuters) - Microsoft Corp MSFT.O chairman
Bill Gates on Tuesday said the U.S. software group had no plans
to buy a stake in a telecommunications company but did want to
work as partners with telcos.

"There has never been any discussion about us (buying) any
part of a phone company, British Telecom BT.L or any other
phone company," Gates told a news conference after meeting
French Finance Minister Dominique Strauss-Kahn.

"However, the co-operation between ourselves and the phone
companies is a very important thing. If you believe in the
Internet, you need lots of high-speed connections and that
requires investment by the phone companies," he said.

"For the phone companies, there is an opportunity here to
provide new services, including hosting the Internet, including
running electronic mail systems or electronic commerce clearing
houses," he added.

"We have a very good relationship with France Telecom
FTE.PA, we are doing quite a few things with them, as we do
with phone companies around the world, Gates said.

"At this stage, I do not see, and we certainly aren't
discussing, any type of investment. We are in the software
business, that's the business we know. It is a very different
business from the communications business.

"And like we do with chips manufacturers, personal computer
manufacturers or consultants, we are going the partnership
model to create global solutions for the customer," he said.

British Telecommunications Plc shares were boosted in
January by various bid rumours including one that said
Microsoft would want to buy the telecommunications group.

Finland's equipment maker Nokia Ab, Oy NOKSa.HE, where
Gates will make a visit on Thursday, also saw its shares jump
in June last year on suggestions Microsoft might buy a stake.

In France, Microsoft merged its MSN online business with
France Telecom's Wanadoo and the two companies work on
promoting ISDN high capacity data lines for Microsoft Exchange
products.

Strauss-Kahn and Gates discussed closer co-operation of
Microsoft researchers with national science laboratories, with
Gates saying the U.S. company could help get products to market
more quickly.

Gates said Microsoft had no plans to add any European
research sites to its Cambridge, Britain, site for the next few
years.


REUTERS
Rtr 19:57 02-03-98
_____

So....no telco toy for Billy.

Ibexx