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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (14183)2/4/1999 4:30:00 PM
From: Ruffian  Respond to of 64865
 
Sun Says No>
Sun Will Not Buy Stake in Symbian Venture

By Farah Nayeri at Bloomberg News

04 February 1999

Sun Microsystems Inc., a top maker of computers that run
Internet sites, will not buy an equity stake in Symbian, a
venture by the world's top three cellular phone makers, Nokia
Oyj, Motorola Inc. and Ericsson AB, Sun's chief executive
officer Scott McNealy said.

Symbian in the past has said Sun, NEC Corp. and Matsushita
Electric Industrial Co. Ltd. might take equity stakes of about 5
percent in Symbian. Nokia, Ericsson and Motorola hold 23.1
percent of Symbian, while Psion Plc, a U.K. computer maker,
holds 30.7%.

Sun is allowing Symbian to use Jini. If Sun took an equity
stake, however, Symbian's rivals might shun Sun in favor of
competing software proposed by Microsoft Corp. and Lucent
Technologies Inc.

"We are as wired in as we can be without owning equity," said
McNealy. "I'd rather support them like crazy without alienating
their competitors."

For Symbian, Sun's software Jini offers the possibility of
linking its so-called smart-phones to consumer electronics and
home computers.

Smart phones add computer functions like word processing
and Internet surfing to voice features.

Sun's shares fell 5 5/16, or 4.81%, to 105 3/16. Psion's shares
rose 23.5 pence to 952p, Nokia shares rose 0.80 euros to
121.80, Ericsson shares rose 3.5 kronas to 223.5. Motorola
shares fell 2 3/16 to 67 5/8.

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To: JDN who wrote (14183)2/4/1999 4:34:00 PM
From: Dale J.  Read Replies (3) | Respond to of 64865
 
OTOT Dear JDN:

No I am an Independent and I didn't vote for President Clinton. But impeachment is a vehicle for doing what is best for the country. It was never intended as a vehicle for punishment.

I think Ken Star did what he had to do. He did his job. Paula Jones I think was vindicated, and I don't think anyone will call her a liar again.

But there are also privacy issues at stake. Take Monica L. for instance. She committed no crime. Yet she was forced under duress of 25 year prison sentence to reveal every last detail of her LEGAL and consensual relationship. Then they took all those details and put them on the internet for her Mother, Father, friends and future children to read. It is only human nature, at some point you have a right to protect yourself from government intrusion.

Dale