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  • looking4adeal looking4adeal May 7, 2000 9:31 PM Flag

    35 major analyst follow MSFT

    Can someone outline the MSFT information that has been jumping around the board?

    Thanks

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    • 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

 
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