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

To: John F. Dowd who wrote (22253)	5/6/1999 1:40:00 PM
From: RTev	Read Replies (2) \| Respond to of 74651

Here's a story on today's announcement that deals with Microsoft's strategic reasons for the $5 billion T investment: Microsoft, AT&T close $5-billion deal seattletimes.com Under the agreement, AT&T will install Windows CE in 2.5 million to 5 million cable-TV set-top boxes, which will as much as double AT&T's previous commitment. However, it isn't an exclusive software contract, which Microsoft had been seeking. AT&T said it will use software from multiple suppliers. ... The deal with AT&T revolved primarily around cable set-top boxes. Over the next few years, cable companies, such as AT&T's Tele-Communications Inc., will begin offering interactive cable service that allows TV viewers to write and send e-mail, purchase goods online and order videos on demand. Set-top boxes will enable those sorts of services and Microsoft is moving to make sure its operating system is the one running those boxes. The AT&T deal helps secure a huge piece of that business. "It's a major win for Microsoft," said Scott McAdams, an analyst with McAdams Wright Ragen in Seattle.