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

To: Jan Garrity Allen who wrote (17098)	3/2/1999 12:33:00 AM
From: t2	Read Replies (2) \| Respond to of 74651

It is ready to move up very fast----once the employment report is out, MSFT should start on a roll. It is holding up very well in this market. As the split date approaches, the rise in the stock should become more significant. I am still holding out for about 175 to 185 by split, and 100 post split by earnings or sooner.

To: Jan Garrity Allen who wrote (17098)	3/2/1999 1:45:00 AM
From: Diamond Jim	Read Replies (1) \| Respond to of 74651

SAN FRANCISCO, March 1 (Reuters) - More companies are announcing support or investments in startups focused on Linux, the upstart version of the Unix computer operating system, this week and next, in conjunction with the first major Linux trade show. The first major trade show for Linux, called LinuxWorld, started on Monday at the San Jose Convention Center in Silicon Valley with attendance estimated at 8,000 to 10,000. Database software giant Oracle Corp. plans to announce an investment in Red Hat Software Inc., a privately-held distributor of Linux that also provides service and support. The investment, which sources said will be announced next week, is the first investment by the Oracle Venture Fund, which is targeted to promising companies in the Internet arena. A spokeswoman for Redwood Shores, Calif.-based Oracle declined to comment, as did Red Hat in Research Triangle Park, N.C. Last year, Red Hat received an undisclosed financial investment from Intel Corp. and Netscape Communications Corp. Linux is a free version of the Unix operating system that was developed by Linus Torvalds in 1991 and is now maintained by a far-flung group of programmers. Linux runs on Intel-based PCs, servers and other architectures like Compaq's Alpha. Computer Associates International Inc. is expected to make an announcement on Tuesday with Red Hat at Linux World, but CA is not expected to invest in Red Hat. The deal is likely to be a support deal, whereby Red Hat will support CA customers running Linux versions of CA products, such as the Ingres II database. VA Research Inc., a privately-held developer of computers running Linux, is expected to announce Tuesday that Intel will make an undisclosed investment in VA. A spokeswoman for VA declined to comment, as did a spokesman for Intel, based in Santa Clara, Calif. Industry sources said, however that an announcement is planned Tuesday. Separately, VA said it purchased the domain name linux.com to create an Internet "portal" for information on Linux. Mountain View, Calif.-based VA would not disclose how much it paid for the domain name. The previous owner of Linux.com, Fred van Kempen, a Linux programmer based in the Netherlands, said he sold the domain name to VA Research because they had the best intentions for its use. "The highest bid was just a little over $5 million," said van Kempen, in a phone interview. "VA did not pay as much as that, but the exact amount I cannot disclose." Van Kempen said he purchased the domain name several years ago and it has been inactive. He said he received inquiries from many software and hardware companies who were interested in buying the domain name, especially in the past year or so. "About a year and a half ago, the known hardware vendors like H-P, IBM, even Dell, started e-mailing me (asking about his plans for the domain name)," van Kempen said. "I started thinking, hey what's happening here." He said he decided to sell the name to VA Research, because the company is not a software company and it will be more objective in managing all the Linux information. "If you are a Linux distributor and you get Linux.com, that would (imply) that you are the standard Linux," van Kempen said. "VA sent me a decent plan on what they are going to do with it (the domain name)...It will be a central information site for Linux users and developers." van Kempen, a consultant in the Netherlands, said he designed the early network code in early versions of Linux. ((Therese Poletti, SF Bureau, 415/677-2542))