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Technology Stocks : GWRX Leader in Smart Phone Market -- Ignore unavailable to you. Want to Upgrade?

To: OD Bobo who wrote (754)	2/17/1999 4:39:00 PM
From: rag2rag	Read Replies (3) \| Respond to of 960

Geoworks gets air on Amazon deal Stock surges on news of Net player's cash injection By Cecily Fraser, CBS MarketWatch Last Update: 2:22 PM ET Feb 17, 1999 Earnings Surprises Earnings Headlines ALAMEDA, Calif. (CBS.MW) -- Shares of Geoworks Corp. soared 47 percent at one stage Wednesday as investors cheered the news that Internet giant Amazon.com bought a minority interest in the company. Geoworks (GWRX) shares rose 1 5/16 to 5 5/16 in recent trade. The provider of software for the wireless industry said Amazon.com (AMZN) spent $5 million for a 7 percent stake in the company. In a release, Geoworks said Amazon.com's purchase is a "positive step" in pursuing its web-to-wireless business model, making it easier for customers to access the Internet using cellular services. Amazon will assume Geoworks' Seattle office lease and hire some of its employees. "Our vision at Geoworks is to facilitate the reach of the Internet from the desktop PC to the wireless device," said Geoworks Chief Executive Officer Dave Grannan. "We see this as a positive step as we pursue our web-to-wireless business model." Smith Barney Investment Advisors, as part of Citigroup (C), also owns a 27 percent stake in Geoworks. As of last summer, mobile phone supplier Nokia (NOK.A) owned about 1 million shares, down substantially from its holdings over the past few years. Geoworks creates software for a variety of wireless devices, ranging from enhanced phones to smart communicators cbs.marketwatch.com Yahoo !!! regards

To: OD Bobo who wrote (754)	2/17/1999 8:10:00 PM
From: Instock	Read Replies (2) \| Respond to of 960

GWRX is getting good coverage so far tonight. So far, 4 after the close mentions on Yahoo. quote.yahoo.com Nice to see Individual Investor follow up after CBS on line. Look at the best one of all, AP picked up the story. AP will get it in MANY Newspapers around the country! Bet the Short Sellers are a bit Nervous Tonight!!! Yahoo thread says Money Line mentioned the two stocks. I will watch Nightly Business Report tonight as they are sure to be mentioned there!! GWRX is getting a Ton of coverage! Short sellers watch out! Longs, could be another strong day up. Daytraders will be out 15 to 30 mins. after the open. Watch out for the Short Sellers after that. BUT, it could just sqeeze the shorts real tight and force then to cover, then we would have a really nice run up! Looks like I have found a silent thread here..... Instock