PICK: PNJA @ 20
If the following view of the future is at all close to being accurate .. then PNJA has a bright future indeed
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The Motley Fool Alexandria, VA (July 23, 1999) -- We are witnessing a change the scope of which we can't yet grasp. However, we can try.
Increasingly, people are going to think in terms of the "online" world and relate to one another in online terms, because the online world will represent universality. Therefore, having a leading brand name online stands to be much more powerful than having one off-line. Online, use of a popular product -- or website -- can spread at unprecedented rates. Need evidence? AOL's ICQ messaging service rose from nothing to 38 million users in a few years.
Alongside results, future "possibilities" do matter to a stock price. Investors try to value every possibility. Possibility has been driving Internet-based stocks from day one; any news that supports a possibility feeds the fire. News and possibilities are spreading more rapidly than was anticipated.
Imagine the future online. Imagine universal automation and personalization. Imagine being recognized by every site that you visit, and therefore being interested in almost all of the information (or products) that a site personally serves you. Imagine never needing to think about buying milk, butter, eggs, or socks again.
The first three items (milk, butter, and eggs) will be delivered to your door every week in the amount that you usually need, unless you instruct otherwise any particular week. The last item (new socks) will be delivered to you every six months. Jeans and slacks can be delivered every season, too -- and they will fit perfectly every time (unless you forget to share that you've lost or gained weight in the past year). Everything that can be automated, will be. Time will be freed of petty tasks.
What to do with new time?
Imagine working for several companies at once. The Internet makes marketing one's skills easy. It also provides means to work for a New York company in the morning, a California company at night, and a European company during your spare time.
Everyone who wishes to will run a homepage marketing their skills and offerings -- essentially creating a personal online brand. Everyone will be immediately accessible. A commodity. (Don't shiver.) A company can enter specific qualities that it seeks for a project and browse worldwide candidates. This is already happening. This will emerge in earnest for writing projects of all kinds, software projects, and other work that can be safely outsourced and accomplished remotely.
The Internet will become the primary means of communication. Most families will have a homepage. When you want to speak with them, you'll approach your always-on high-speed Internet access device and open their homepage. The page will immediately tell you if they're available. Click a button on their homepage to ring them through their always-on Internet connection. In a moment, they might appear on the screen in high-quality video, and then in audio. "Hello! How are you!?" Both the video and audio technology already exists. Broadband access just needs to proliferate.
If the person you're contacting is already talking to someone, they'll have the option of starting a second video and audio conversation with you, too, and you can all talk; or else, you'll be told they're not available. The page will say, "Mrs. Foolhead is not available. Your visit has been registered, however, and she'll return the visit if you wish." You'll click, "Yes," and then you'll go cook dinner using a recipe from the Internet that resides on a small Internet-surfing device (in the kitchen) that comes pre-formatted with hundreds of cooking sites and recipes (and allows random Web surfing, too).
In the washroom, above the medicine chest, will be another small Internet-access device. This one will focus on serving health and prescription advice and information. Click a button to get any refill. Beside your front door is the weather and traffic report on another small Internet device. In fact, Internet devices could be as prevalent as electrical outlets are now. There is also the Internet device in your car's dashboard, which is essential for maps and traffic -- and for dining and hotels when traveling.
Your stereo consists of Internet access and two speakers. Through the Internet, you access an endless database of music. Your television viewing is also programmable. You can watch any movie or old television show (Magnum P.I. comes to mind) that you access online for a small fee. Maybe via Amazon or AOL TV.
Will technology be too invasive? Too omnipresent? Is it already becoming so? Cell phones, pagers, laptops, hand-helds. There is even an Instant Message service, right now, that can contact you when you're off-line. As long as your computer is turned on, this service generates enough of a charge to contact you through the phoneline even while you're off-line. "Hello. Brian is trying to Instant Message you. Please sign on if you wish to talk." Of course, always-on broadband will make this unnecessary
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If you 'buy' that scenario then PNJA just may have the goods to facilitate all these interconnected devices/appliances Read on .... ---------------------------------------------------------------------
PNJA. profitable internet company.. Announced deal with cisco and seek. here it is:
Cisco and Infoseek Align with Panja to Bring Rich Internet Content to 2 Billion Consumer Devices PR Newswire - July 19, 1999 08:08
Chairmen Laud Impact on Consumer as Internet Moves to 'Next Level'
DALLAS, July 19 /PRNewswire/ -- Panja, formerly known as AMX Corporation (Nasdaq: PNJA) announced today two agreements with Cisco Systems (Nasdaq: CSCO) and Infoseek Corporation (Nasdaq: SEEK), home of GO Network (www.go.com) to deliver powerful Internet content and services to America's homes and businesses over a vast array of existing and future non-PC appliances and devices.
The companies said the pacts signal the true beginning of the IP home, which will "enable a new, rich and meaningful Web lifestyle," drive increased demand for broadband technology and revolutionize the home network. The agreements represent the first of a number of potential partnerships for Panja as it extends its industry leadership by extending the Internet beyond the PC.
Cisco's agreement with Panja, creates a powerful hardware alliance with co-branding of Panja-Cisco cable modems. By partnering with the leader in broadband infrastructure, Panja has created new market opportunities for broadband service providers. Panja's new Panja 1000 entertainment gateway announced earlier today will provide enhanced entertainment experiences for consumers.
"Panja's strategy is very exciting, and is closely aligned with our view of how personal networks will evolve", said Robba Benjamin, vice president and general manager of Cisco Systems' Consumer Line of Business Added McHale: "Cisco is the leader in broadband technology and Internet technology. We are aligning with Cisco because this is all about extending the Internet beyond the PC, and we intend to work with the best."
Panja also announced a partnership with Infoseek, the leader in delivering enriched content through the GO Network portal.
"Infoseek is recognized for its leading edge technology, grasp of the needs of Internet users, and for its rich and deep content," said Panja Chairman John McHale. "We look forward to working with Infoseek through the shared vision that the Internet can enrich the way we live, learn and play."
"Infoseek is excited about having Panja as a new distribution channel," said Infoseek Chairman Steve Kirsch. "This is win-win for everyone -- for Panja, for Infoseek but most of all for the consumer. The fact is we're entering the next level of the Internet and we've only tapped a small portion of the huge number of benefits that Panja and Infoseek will be able to deliver. The only limits are our imagination."
According to the agreement, both companies will benefit from joint development and marketing efforts over the next two years. Subscribers to Panja services (see related release), such as its Broadband Blast(TM) and Panjacast(TM), will be able to tap into GO Network's extensive content environment. Broadband Blast, for example, delivers streaming audio and video from the Internet to stereos, VCRs and TVs. At the touch of a button, users will be able to pull down MP3 or MPEG seamlessly through the Panja 1000 Residential Gateway and send it real time onto the entertainment systems people own today.
Panja, in separate announcements today, rolled out a new name and a new set of products aimed at building infrastructure and delivering services to allow multimedia Internet content to be accessed by devices other than PCs -- such as home entertainment, security, HVAC and others.
Cisco Systems the worldwide leader in networking for the Internet. Cisco's networking solutions connect people, computing devices and computer networks, allowing people to access or transfer information without regard to differences in time, place or type of computer system. Cisco provides the broadband capability needed to bring the Net home to Internet appliances. Cisco Systems is on the Web at www.cisco.com .
Infoseek Corporation (Nasdaq: SEEK) is the home of GO Network, a premier global media network enriching people's daily lives by combining integrated Internet services with leading consumer brands. GO Network (http://www.go.com) is one of the top five sites on the Internet, according to Media Matrix. GO Network was launched in January 1999 by Infoseek in partnership with the Walt Disney Company, and is the online home of leading world brands such as ABCNEWS.com for news, ESPN.com for sports, Disney.com for kids and family, Infoseek for search, and Disney.com and ABC.com for entertainment.
In addition, Infoseek licenses its Ultraseek Server search and navigation software for their own intranet, extranet and Internet sites. Infoseek is headquartered in Sunnyvale, Calif. For more information about Infoseek, please visit Infoseek's corporate Internet home page at info.infoseek.com or to request additional information about Infoseek, call its investor relations Request Line at (408) 543-6960 or visit its new investor relations Web site at www.ir.infoseek.com .
Panja is a new kind of Internet company, extending the Internet beyond the PC and for the first time linking home and business appliances seamlessly and meaningfully to Internet content and services. Panja is a melding of AMX and PHAST companies, with leading-edge technology that is slashing the bonds of the PC and cutting through marketplace clutter to offer remote control solutions for the Broadband IP home and business. Panja is cutting away the complex technology currently required to unleash the potential of the Internet and to replace it with simple, intuitive devices that allow consumers to focus on the Internet information and its practical uses.
SOURCE Panja
/CONTACT: Cynthia Jarvis, Manager of Public Relations of Panja, 972-669- 7673, or Cynthia_Jarvis@panja.com; or Kelly Shenefiel of Infoseek, 408-543- 6952, or kelly@infoseek.com/
/Web site: panja.com
go.com
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And a link for some DD
biz.yahoo.com
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The deal with CSCO got me in .. |