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Technology Stocks : VTEL: Anyone else follow this?

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To: majormember who wrote (1186)7/9/1999 1:33:00 PM
From: BruSi  Read Replies (2) of 1214
 
"Come here Watson"

Aren't those the words Thomas Edison used when trying out his first phone? That is what vtel is doing with turbocast. And a whole lot of people seem to be thinking 'who needs a phone'?

I fault Vtel for their past horrible management. I truly believe those responsible shold be shot at dawn! I also fault them for not warning people to the bad quality of their previous 'experiments' on webcasting. But may-be we were expecting too much.

What is happening here is practically the equivalent of "Come here Watson". This demo should be downplayed as the experiment it is. Lower expectations are always easier to please.

But the experience the company will accumulate will be valuable. The areas that require fine tuning will surface and be addressed. And the applications? Unbelievably huge. Hopefully Vtel's real target are Multinationals, and not only hospitals and universities. The Big Bucks are going to be there!

Multinationals should adopt this field as much and as enthusiastically as anything 'internet' related. The applications are staggering. The savings and the quality of service improvements would be dramatic.

This is a delicate time for Vtel. We can win big. On the other hand the downside is relatively low, but Vtel's past reputation as a fowl-up champion will have to be overcome.

Do not read on unless you have some time to waste. It's just my opinion on one of the immediate applications for this technology, directly tied into the work I do.

Caterpillar Construction Machines. Worldwide Sales. The ones you see around cities are the small stuff. The big ones really cost money and are key machines. Overseas applications are always more difficult to service. New models often have the equivalent of "factory recalls". But mechanics all over the world have to be trained on fixes, either preventively or on a major breakdown. Right now the most boaring literature takes care of this, but it is slow. Imagine a webbased videoconference where the Plant Manager for a job-site could tune in if they have a certain machine in their territory. or if they could just call up a visual repair remidy on the internet by dialing into Caterpillar's repair/recall video bank!

This will be equivalent to the fax machine or to handhelds for the UPS man. How did we work without that stuff?

BruSi
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