SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : J.B. Oxford -- Ignore unavailable to you. Want to Upgrade?


To: timers who wrote (1058)2/18/1999 8:26:00 PM
From: Patherzen  Respond to of 2220
 
***OT***Gee Tabler... don't follow it but typically when stocks run they sell off too. If you believe in the company and its prospects..then hold/and or add to your position... Best of luck!
Geoworks Doubles After Amazon.com to Buy 7% Stake

Alameda, California, Feb. 17 (Bloomberg) -- Geoworks Corp. shares surged 56 percent after the maker of software for cell phones and other wireless products said No. 1 online bookseller Amazon.com Inc. bought a 7 percent stake in it for $5 million.

Geoworks shares 1 7/8 to 5 1/4 in trading of 17.8 million, making it the seventh most actively traded stock in U.S. markets. Amazon.com dropped 5 1/8 to 93 1/2.

Late yesterday, Geoworks said Amazon.com will take over Geoworks' Seattle office lease and hire 19 out of 20 of its Seattle-based employees. Amazon.com isn't licensing any technology, a Geoworks spokesman said.

Alameda, California-based Geoworks shares more than doubled last November after the company unveiled new software that allows cell phone makers and users to customize display screens with graphics and icons, making it easier to send and receive e-mail and other data.

Seattle-based Amazon.com has bought several companies during the past year as it seeks to expand beyond selling books over the Internet.

17:13:47 02/17/1999