Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?

To: Maui Jim who wrote (6415)	5/6/1999 5:23:00 AM
From: Linda Kaplan	Respond to of 6565

Headline: Philips (AMS:PHG), IBM (NYSE:IBM) in R&D technology pact ====================================================================== AMSTERDAM, May 6 (Reuters) - Dutch Philips Electronics NV said on Thursday it had reached agreement with U.S. computer giant IBM to collaborate on speech recognition technology. "This research and development cooperative development will enable IBM and Philips to bring the power of speech to new users quickly and efficiently as the demand for speech recognition products grows worldwide," Philips said in statement. Under the initial agreement, Philips will license IBM's text-to-speech technology for use in future products. Both companies will be able to review and license technology, cooperate on language development and encourage standardisation. The deal will accelerate market growth by making it easier to launch international products, the statement said. "By working with Philips we can bring solutions to market faster, while collaborating on standards for the next generation of speech enabled technologies," W.S. "Ozzie" Osborne, general manager for IBM's Speech Systems, said in the statement. Speech recognition software will not only be used in the personal computer industry, but Philips sees it as key to developments in mobile computing, telecommunications and consumer electronics, Ron van den Bos, president and CEO of Philips Speech Processing, said. Philips is a pioneer in speech recognition, natural dialogue and language understanding technologies, the statement said. It developed the first commercial PC-based natural, continuous speech recognition engine for speech-to-text applications in 1993. Philips' line of end user software -- which includes FreeSpeech 2000 for consumer markets and SpeechPro for professional dictation -- is available in 16 languages. IBM developed its ViaVoice speech recognition technology after more than 30 years of research and development and is sold in more countries than any other software product in the sector. The company has more than 100 patents in the field. 20 504 5040 amsterdam.newsroom@reuters.com)) Copyright 1999, Reuters News Service

To: Maui Jim who wrote (6415)	5/6/1999 12:32:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 6565

Hi Jim, One of my investment rules is For Every Rule, There's A Valid Reason For Breaking It! Yes, there's evidence of my breaking AIM "by the book" many times in that history. First, when I get more Cash Reserve than I feel is logical for an investment, I stop AIM's selling spree. Next, I let the Cash Reserve go to negative values which Mr. L never allowed. Third, I stopped AIM's selling once I'd sold shares to the initial Buy-Out price of $17 to await the unfolding of history. There's another bit of cheating that occurred as well but isn't visible in the documents. I had increased the resistance to buying shares to make AIM a more efficient purchasing agent. Mr. Lichello only used one resistance level. All this customizing I believe is within the user's license. Thinking back to 1990 and the reasons that I bought VLSI, much of what I saw as potential then was realized. It was the stumble in late 1995 that should have foretold that we had more hard times to come. However, I was too busy repurchasing shares to pay proper attention. Risk management is an important part of what I do as an investor. I'm "retired" so the market's my only source of income. Therefore I have to be a responsible fiduciary. There's some nice "seed money" from this sale and I'll have to find a proper home for it. The remainder will go into income producing investments to keep the bills and taxes paid. AIM's done well by me over the 11 years that I've used it. I've left some $$$ on the table as any method short of being fully invested will. I've also managed to beat Mr. Buynhold on some. If we're particularly good at picking long term investments, AIM will almost always lose to Mr. Buynhold in the short term. It takes several price cycles for AIM to catch up. Once it owns more shares than Mr. B, then AIM usually stays in the lead. Remember a month or so ago when Ericsson and QCOM settled their arguments over CDMA? I'd speculated that maybe this would help out VLSI. Don't know the answer to that at this point, but I sure would like to kick myself publicly for not buying QCOM at that very moment! That stock is UP about 200% since that announcement. Shoulda Woulda Coulda!! Whip me, Beat me!! How can I be so dumb sometimes?? I guess I have to get the crystal ball out and dust it off again. I have a feeling I'm going to be surprised at what I investigate next. Even stuff like T should probably be considered. Best regards, Tom