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.

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

To: PblcSrvnt who wrote (9320)	7/8/1998 8:04:00 AM
From: Glenn D. Rudolph	Respond to of 164684

PRESS DIGEST- New York Times business - July 8 Reuters Story - July 08, 1998 01:56 %US %PRESS %BUS %AUT %DPR %USC %MUNI %PRESS/NYTB GM MSFT BAY VOWG.F KLMS V%REUTER P%RTR NEW YORK, July 8 (Reuters) - The New York Times reported the following business stories Wednesday: * The stock exchanges of London and Frankfurt announced a broad alliance aimed at creating a pan-European trading system. * The Clinton Administration said it would for the first time allow the export of strong data-scrambling software, but only for banks and financial institutions in 45 nations. * A strike by the United Automobile Workers against General Motors Corp is starting to drain the cash reserves of both sides and is making GM look at ways to save money. * Datek Online, one of the United States' fastest-growing online brokerage companies, has postponed an initial public offering of stock because of widening investigations into its trading practises. * Microsoft Corp's share of the Web browser market is continuing to grow briskly, a report released Tuesday said. * Senate Judiciary Committee Chairman Orrin Hatch said Tuesday he was worried that Microsoft's "spending binge" into cable television interests appeared to be an attempt to gain control of the gateway to the Internet. * Bay Network Inc. has acquired a small German networking company called Netserve. * Volkswagen AG has agreed to set up a fund to compensate workers who were forced into slave labour in World War Two. * The International Monetary Fund and the Yeltsin government are negotiating an aid package that may produce less money than foreign investors say is needed to help ease Russia's financial crisis. * KLM Royal Dutch Airlines NV is buying back 8.47 million of its shares from the Dutch government, cutting the government's voting stake in the national carrier to 14 percent from 25 percent.