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

To: ToySoldier who wrote (17206)	3/4/1999 12:46:00 PM
From: Technologyguy	Respond to of 74651

Microsoft Acquires Online Shopping Service 12:40 03-04-99 SAN FRANCISCO (Reuters) - Microsoft Corp. on Thursday said it has acquired comparison shopping service CompareNet Inc to integrate into its own MSN Sidewalk online guide. Terms of the deal were undisclosed. CompareNet includes databases of products and shopping comparison guides that will be added to MSN's buying guides. The CompareNet service receives more than 1.5 million unique viewers per month, Microsoft said, while MSN Sidewalk gets about 4.7 million unique visitors per month. The free CompareNet Service at www.compare.net was founded by Trevor Traina and John Dunning in 1996. Its financial backers include Media Technology Ventures, GE Capital's Equity Capital Group, and Intel Corp. CompareNet has 40 employees and is based in San Francisco. MSN Sidewalk is an online guide service for entertainment, shopping and other services. Shares of Microsoft were up $2.75 to $152.375 in early afternoon trading on Nasdaq.