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Street cool on telco merger mania - Although the telecommunications industry is caught up in the "urge to merge," few Wall Street analysts and investors seem wooed by promises that the newly combined companies will grab greater market share and generate increased profits. [News.com]
 
Street has eye on Apple - Apple Computer's stock retreated slightly today but still hovered near the 52-week high it reached yesterday, even after one analyst cut his rating on the stock and Wall Street largely maintained a "hold" recommendation. [News.com]
 
Stretching the Ethernet niche - A new generation of more flexible Ethernet devices is changing the market and contributing to what is sure to be an ongoing price and feature war. [News.com]
 
Striking while the market's hot - Amid a sharp run-up in Internet stocks, CitySearch today proposed a price for its initial public offering. The implied valuation of about $270 million comes despite continued losses at the CitySearch directory, but it reflects optimism that the company can capitalize on the red-hot stock market. [News.com]
 
Study: Net literacy growing - The widespread adoption of the Internet across a variety of sectors has led to more people of all generations adopting the Net, a new study said. [News.com]
 
Sun at the crossroads - Despite software bugs, delays, and company layoffs, Sun pushes forward with its reorganization and acquires application software maker NetDynamics. [News.com]
 
Sun buys NetDynamics - Sun Microsystems today announced a deal to buy application server software maker NetDynamics, underscoring Suns push into software from its primarily hardware roots. [News.com]
 
Sun cofounder joins Novell board - Sun Microsystems cofounder Bill Joy today was named a director at Novell, whose chief executive is former Sun executive Eric Schmidt. [News.com]
 
Sun makes another run at Windows - Sun Microsystems is making yet another drive to reduce the influence of the Windows, this time with a program that makes it easier to connect and share devices such as printers and disk drives on a computer network. [News.com]
 
Sun may audit its Java efforts - Stung by criticism that it could manipulate the Java standards process to its own benefit, Sun Microsystems is discussing whether to hire a Big Five accounting firm to audit its activities. [News.com]
 
Sun shines despite Asia - Despite the turmoil in Asia, Sun Microsystems today posted a jump in fourth-quarter profits and revenues, spurred by record shipments of servers and workstations. [News.com]
 
Sun tops Unix server sales - Sun Microsystems has emerged as the No. 1 Unix server maker, becoming the biggest fish in an increasingly small pond. [News.com]
 
Sun, BEA Systems ship tools - BEA Systems on Friday will ship its M3 middleware and tools for building enterprise applications, a release that follows news from Sun Microsystems today that it is also shipping new Java tools. [News.com]
 
Sun, HP plug new workstations - Sun Microsystems and Hewlett-Packard each announced two new workstations this week in their ongoing competition for the bragging rights to the No. 1 spot in the workstation market. [News.com]
 
Supply, demand drive earnings - Supply and demand is at the root of profitable quarters for i2 Technologies and Intelligroup this week while Open Market posts another losing quarter and continues to hold out for the e-commerce business to take off. [News.com]
 
Surfing at the gym - "Lose weight while surfing the Net." [News.com]
 
Survey confirms browser trends - Netscape Communications is still the leader in Internet browsers, but Microsoft is now very close on its heels, according to a new report by Internet advertising firm AdKnowledge. [News.com]
 
Survey: Britain not ready for Y2K - A majority of British IT professionals believe that many organizations will fall short of completing proper Year 2000 compliance testing before December 31, 1999. [News.com]
 
Survey: ISP deals favoring IE - Nine months after the Justice Department accused Microsoft of stifling competition in the Internet software market, it has become harder for newcomers to the Net to obtain browsers made by rivals of the software giant, a new report contends. [News.com]
 
Survey: Tech mergers soaring - A sharp decline in the number of initial public offerings helped drive technology mergers and acquisitions to record levels in the first half of 1998, according to a study released today. [News.com]
 
 

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