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

To: Uncle Frank who wrote (15132)	1/25/1999 11:03:00 PM
From: t2	Read Replies (2) \| Respond to of 74651

Uncle Frank, At a casino (especially an offshore one), I would quickly come to the conclusion that it was a bad gamble. When I was in Vegas, I started with Blackjack in the bigger casinos and when I lost some money, I realized the object of the game was to prolong it, that is, get your entertainment and not try to get rich. Then I found a casino where there was a low minimum bet---had the most fun there (and came out ahead). I actually sold a lot of MSFT shares today (prices between 161 1/2 to 163 1/4). Decided to buy leaps 2000 as a way to reduce the book value of my foreign holdings to within the Canadian limit of 20% --just for month end purposes because that is when they calculate penalties. I guess when I combine my CASH, STOCK, and Options holdings-----the net effect is having the equivalent of a 100% stock portfolio. I guess that means I am doing well with my addiction (at least for now). THere are no limits on margin accounts, only for retirment accounts. I end up losing 1% of my book value above 20% foreign limit -on a monthly basis. I probably will buy a lot of shares on Wednesday as those trades will settle in February. Lets hope we get a nice ride to next earnigs. Best Wishes.

To: Uncle Frank who wrote (15132)	1/26/1999 12:33:00 PM
From: DiViT	Read Replies (1) \| Respond to of 74651

Compaq spins off AltaVista and Microsoft licenses MSN Hotmail to AltaVista news.com By Jim Hu and Sandeep Junnarkar Staff Writers, CNET News.com January 26, 1999, 7:10 a.m. PT Compaq Computer today announced that it will spin off its Web directory, AltaVista, to create a subsidiary, the AltaVista Company, which it intends to take public. As earlier reported, in conjunction with this announcement, software giant Microsoft today said it will license its MSN online communications technologies--built on the MSN Hotmail Web-based email service--to the newly created AltaVista Company. After making the announcement, Microsoft also said that MSN will phase out the Inktomi search engine as its primary search platform. The announcement comes two weeks after Compaq acquired Shopping.com for $220 million in stock, a purchase aimed at further building out AltaVista by integrating Shopping.com's e-commerce capabilities. However, Compaq later lowered its original $19 per share offer to $18.25 per share, following a renegotiation of the deal. -------------------------------------- news.com Cell phone talks to PC By Stephanie Miles Staff Writer, CNET News.com January 26, 1999, 7:15 a.m. PT Qualcomm today announced two new ultra-thin cell phones that can be used with personal computers. Much like a Personal Digital Assistant (PDA), the new phones synchronize with PCs and include a backlit LCD display and customizable phone book with 99 storage locations. Both Qualcomm's new QCP-860 and QCP-1960 offer basic phone service as well as paging, voice-mail in a 4 ounce wireless phone. The phones offer an optional cable for data transfer with a desktop PC or PDA. The QCP-860 is an 800 MHz phone which operates in both digital and analog modes. The purely digital QCP-1960 is a 1900 MHz phone. Both are available in metallic color options as well as basic black. Both phones are "hot-swappable" -- they feature batteries which can be replaced while the phone is in use. Additionally, the internal batteries offer up to 10 hours of talk time and 8 days in standby mode, according to the company. Qualcomm could not be reached for comment regarding pricing and availability information. Qualcomm is a partner with Microsoft in the joint venture Wireless Knowledge, which is aimed at enabling data carriers to offer low-cost data services.