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To: The Perfect Hedge who wrote (15267)9/21/1998 5:31:00 PM
From: Jeff Jordan  Respond to of 120523
 
Infoseek, Disney To Develop Network

SUNNYVALE, Calif. (Reuters) -
Internet service provider Infoseek
Corp. and entertainment operator
Walt Disney Co. announced today a
new Internet portal service to search
the Web.

The service, to be called Go
Network, will be available at www.GO.com to the public later this
year, according to a statement released by Infoseek President and
Chief Executive Officer Harry Motro and Buena Vista Internet
Group Chairman Jake Winebaum.

According to Relevant Knowledge, and based on the July 1998
Web Report, Go Network will have the third largest unduplicated
reach on the Internet, in terms of unique visitors and would rank
ahead of Microsoft and Netscape, and behind Yahoo and AOL.

"Go Network is a cutting-edge initiative that fits perfectly with our
company's overall mission," said Michael D. Eisner, chairman and
CEO of Walt Disney. "And that mission is to provide quality
entertainment and information to audiences at a wide range of
established and emerging ventures. The portal was first discussed
by the companies as part of a strategy for Infoseek to acquire
Starwave Corp., majority-owned by Walt Disney. Walt Disney
would then acquire additional shares of Infoseek resulting in an
approximately 43 percent stake in Infoseek and also purchase
warrants from Infoseek enabling it to achieve a majority stake in
Infoseek over time.

This transaction is subject to customary closing conditions,
including shareholder approval. Development c osts were not
provided in the statement.

Broadcom To Unveil New Home Chip - WSJ

NEW YORK (Reuters) - Broadcom Corp., in a major boost for
Internet access through television cables, is expected to announce
a single computer chip that contains the complicated circuitry
needed for home connections, the Wall Street Journal reported
today.

By packing the circuitry for meshing TV signals and computer
data onto one chip instead of three, Broadcom is expected to
sharply cut the cost of home equipment for an emerging market,
according to people in the industry, the report said.

A Broadcom spokeswoman said the Irvine, Calif., company's
announcement could come as soon as Monday. Fa
ster-than-expected miniaturization of complex circuitry also could
hasten the connection of phones and other d evices to TV cable,
technology analysts said, according to the report.

QUALCOMM unveils digital smartphone

SAN DIEGO, Calif., Sept. 21 (UPI) - QUALCOMM Inc. has
announced its new pdQ smartphone, an all-in-one digital phone
and pen-based organizer that integrates QUALCOMM's CDMA
wireless technology with 3Com's Palm Computing platform.

QUALCOMM says it will commence market trials with both a
dual-mode 800 MHz digital/analog version and a single-mode
1900 MHz digital version of the pdQ in the fourth quarter.
Commercial availability is expected in the first half of next year.
The company is a pioneer in the CDMA or Code Division
Multiple Access digital wireless technology,

The company says the pdQ combines the capabilities of their
Palm Computing organizers with the QUALCOMM CDMA
digital phone. It says with the new phone, users can reduce the
number of communication devices they carry to one, while
expanding voice and data capabilities.

The smartphone provides users with the ability not only to make
voice calls, but also to keep track of appointments, catalog
contact information, send and receive email, surf the Internet, and
receive alpha numeric pages, all from one device. The device
measures 15.7cm x 6.7cm x3.5cm, and weighs 229 grams.

c 1998 UPI. All rights reserved. Republication or