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

To: rag2rag who wrote (755)	2/17/1999 4:50:00 PM
From: InAndOut	Respond to of 960

Looks great...looking forward to opening tomorrow.

To: rag2rag who wrote (755)	2/17/1999 5:23:00 PM
From: Instock	Read Replies (1) \| Respond to of 960

3rd CBS Update about GWRX: "Geoworks gets air on Amazon deal" Stock surges on news of Net player's cash injection By Cecily Fraser, CBS MarketWatch Last Update: 5:01 PM ET Feb 17, 1999 Earnings Surprises Earnings Headlines ALAMEDA, Calif. (CBS.MW) -- Shares of Geoworks Corp. soared 57 percent Wednesday as investors cheered the news that Internet giant Amazon.com bought a minority interest in the company. Geoworks (GWRX) shares rose 1 7/8 to 5 1/4. The provider of software for the wireless industry said Amazon.com (AMZN) spent $5 million for a 7 percent stake in the company. Geoworks said Amazon.com's purchase is a "positive step" in pursuing its web-to-wireless business model, which will make 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 in a release. 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.

To: rag2rag who wrote (755)	2/17/1999 5:42:00 PM
From: Instock	Respond to of 960

CNNfn chimes in with this: " The bright side of technology Despite the day's stumble led by big name computer makers like Dell (DELL) and Hewlett Packard (HWP), many stocks in the technology sector provided Wall Street with some good news." ........> "Internet-via-wireless provider Geoworks (GWRX) soared on a firmer deal, rocketing 2-1/16 to 5-13/16 after electronic retailer Amazon.com (AMZN) bought a 7 percent stake in the company." cnnfn.com