Recent

% | $
Quotes you view appear here for quick access.

WORLDGATE COMM AŞ Message Board

  • WHOB007 WHOB007 May 7, 2000 8:54 PM Flag

    35 major analyst follow MSFT

    Does anyone here think a few may pick up on thw
    WGAT / MSFT News!!!!!!!!

    The Sleeping Giant is
    awake folks
    The Sleeping Giant is
    awake!!!!!!!!!

    as always long and strong"er"

    Always the
    faith in WGAT

    who

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Can someone outline the MSFT information that has been jumping around the board?

      Thanks

      • 1 Reply to looking4adeal
      • WorldGate Web Service to Be on Motorola TV Boxes
        With (msft)
        Microsoft
        By Jonathan Make


        New Orleans, May 7 (Bloomberg) -- WorldGate

        Communications
        Inc. said its service connecting televisions to
        the
        Internet over
        cable lines will be used with
        Microsoft Corp.'s
        operating system
        on set-top boxes
        made by Motorola Inc.

        Motorola's DCT 5000
        set-top boxes, among the
        newest devices
        for
        interactive TV, will be compatible with the
        WorldGate
        service,
        which will run on Microsoft's operating system
        for the
        devices.
        For $7 to $12 a month,
        WorldGate's service lets people
        send and
        receive
        e-mail and get more information on advertised

        products on
        their televisions.

        WorldGate
        sales could get a boost if cable providers

        using
        Motorola set-top boxes sell the service to
        their
        customers. Money-
        losing WorldGate had 19,000
        customers as of March
        31, a small
        fraction of the
        70 million U.S. subscribers to cable TV.


        WorldGate, based in the Philadelphia suburb of

        Trevose,
        Pennsylvania, lost $10.8 million in the first
        quarter on
        $1.6 million in revenue. Today, WorldGate
        Chairman
        and Chief
        Executive Hal Krisberg told the
        National Cable
        Television
        Association's annual
        gathering in New Orleans that he
        expected to
        soon
        announce an alliance with Microsoft, the world's

        largest
        software maker.

        Motorola acquired
        General Instrument Corp. for $17
        billion in

        January to become the No. 1 U.S. maker of set-top

        boxes. Shares of
        Schaumburg, Illinois-based Motorola
        fell 1 5/8 to 109
        1/8 Friday
        on the New York
        Stock Exchange.

        WorldGate shares rose 5/16 to
        21 7/8 in Nasdaq Stock
        Exchange
        trading.
        Redmond, Washington-based Microsoft rose
        11/16 to 71
        1/8
        on the Nasdaq.

        http://quote.bloomberg.com/fgcgi.cgi?s=AORX8rhZpV29ybGRH&T=marketsquote99_news.h
        t

    • your GIANT is taking his first steps and I can
      feel the earth tremble!
      My guess is some more
      analysts will start to cover the Gate..unless they want to
      keep their clients poor and lose their
      reputations.
      bilbluf