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Technology Stocks : Sausage Software (SAS) -- Ignore unavailable to you. Want to Upgrade?

To: Angelo Ferraro who wrote (7)	5/17/1999 8:37:00 PM
From: Angelo Ferraro	Respond to of 8

hello? is there anybody out there? Intel makes Sausage investment MELBOURNE, May 17 (Reuters) - Internet software developer Sausage Software Ltd said on Tuesday it had placed five million shares at A$1.31 each to Intel Corp, the world's largest chip maker. The placement equates to about 5.0 percent of Sausage's capital. Sausage said it would use the A$6.55 million raised to strengthen its capabilities in e-commerce systems. ''Intel's investment will help us to accelerate our drive into the Australian e-commerce market segment,'' said Sausage Software director Wayne Bos. Sausage said it had been working with Intel for more than 12 months as a reseller of Intel technologies. Last week, Sausage Software said it signed a software licence and promotional agreement with U.S. based America Online (NYSE:AOL - news). Sausage shares closed 15.6 cents lower at A$1.744 on Monday, but were bid at A$2.15 in pre-opening trade on Tuesday. biz.yahoo.com