Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Patriot Scientific - PTSC -- Ignore unavailable to you. Want to Upgrade?

To: Rod Beckwith who wrote (4483)	3/10/1998 9:31:00 AM
From: cksla	Read Replies (1) \| Respond to of 8581

rod- just curious, when is the last time you have spoken to ptsc management to have any idea what the hell they are thinking or doing? bob

To: Rod Beckwith who wrote (4483)	3/10/1998 9:38:00 AM
From: cksla	Read Replies (1) \| Respond to of 8581

Java pioneer gets financial boost Copyright c 1998 Nando.net Copyright c 1998 Scripps Howard SAN FRANCISCO (March 9, 1998 09:42 a.m. EST nando.net) -- It pays to be early and to have staying power. San Francisco-based WebLogic Inc., a pioneer in Java computer programming, announced Monday a $12.5 million infusion from three venture capital funds and Intel Corp. Besides providing money, Intel will partner with WebLogic to improve the performance of the company's information systems software with Intel microprocessors. The funding for WebLogic is the latest bit of anecdotal evidence of growing commercial acceptance of the much-debated 3-year-old Java programming language. "Intel is very serious about their Java," said WebLogic CEO and cofounder Paul Ambrose. "Intel's work with WebLogic is indicative of the growing importance of Java" in corporate computing. "If this were a fad, it would not have lasted three years," said Ambrose, referring to the age of both Java and his own startup company. Use of Java is growing because "the reality of the marketplace is that programmers want to write in Java," said Merv Adrian, vice president of Giga Information Group, in Santa Clara. "The marketplace has moved beyond sticking its toe in the water. We're through the pilot stage." WebLogic's Ambrose said the company will use the investment to continue product research and to ramp up its sales force. The company has built a customer base of about 500 clients, primarily through visits to its Web site at www.weblogic.com. WebLogic employs 75. The partnership with Intel will focus on optimizing WebLogic's flagship Tengah application server with Intel's existing 32-bit chip architecture, as well its 64-bit Merced processor due out in 1999. An application server is a tool for distributing information from large corporate databases to desktop computers. Tengah, according to Ambrose, is Javanese for "center" or "core." It conveys the notion that "Tengah is the heart of Java. It's what pulls together all the pieces, parts, the diverse clients and the databases of a system." WebLogic's partnership with Intel "is a highly significant development," said Giga's Adrian. "They just made themselves a great deal more visible." A bet on WebLogic is part of an enormous Intel effort to stoke demand for ever more powerful processors. Intel has investments in more than 100 companies totaling more than $500 million, said spokesman Robert Manetta. "We've been aggressive in investing in companies that we think can grow demand for computing," he said. Manetta would not disclose Intel's share of Monday's total investment in WebLogic. Intel investments typically are below$10 million, he said. Introduced by Sun Microsystems in May 1995, Java held out the promise of running programs across all computer operating systems, including Microsoft Windows, Apple Macintosh and various breeds of UNIX. In the early going, however, Java's "write once, run everywhere" capability was balky, and derided as "write once, debug everywhere." That didn't prevent an army of developers -- as many as 500,000 from getting at least some training in Java, according to Amy Wohl, a groupware analyst and editor of The Trends Letter, of Narbeth, Pa. Whatever the glitches in delivering cross-platform potential, there is a productivity with Java that both developers and information systems managers find compelling, Wohl said. In addition to Intel, other new investors include TL Ventures, Bay Partners and Cambridge Technology Capital. All three venture capital investors also received seats on the WebLogic board.