For those who compare 1929 with 1999.Are the economic instruments of production the same? Can rail road be compared to cyberspace, 50 mph with speed of light! Physical presence and barriers of distance with a world that does not require physical interaction to do business or a globe where distance is practically dead, the niche capabilities and competitive advantage of nations are at work. Those who make cheese or perfumes are doing their job those who make soft ware and CPU's better are making new inroads, the overall advantage is that economic growth is seeing unprecedented progress, with low P/E's of yester years these issues need to be addressed also the growth factor that releases a corporate entity from its limited world of distance and physical barriers like from Nice to Paris or conquering of the wild west. Today's corporate domains have empires extending far and beyond, wider than British Empire without the pains of governance and colonialism, where it was said that sun never sets.
Here in this age sun never rises or sets in the global empires woven by INTC's and MSFT's or IBM the largest internet company of the world (yes the largest). It is always a mid day somewhere in a MSFT or C country.
A provocative point for debate only after I saw this NORTEL site in connection with my efforts to know NORTEL.. well.
Nortel..
The new era of networking spanning data and telephony is taking shape right now. Discover the latest real-world developments in next-generation IP services and technologies focused on the Optical Internet, Internet Telephony, the Wireless Internet, and Intranet Services.
Nortel Networks Helps Business Partners Evolve Their Companies to Maximize Unified Networks Solutions Opportunities
Nortel Networks Ushers in New eBusiness Era at www.nortelnetworks.com
Introducing Inca Solutions
Optical Internet
The coming together of Telecom and the Internet
Nortel Networks is the world leader in high capacity transport systems with up to 320 gigabits on a single fiber. This kind of capacity is now needed to handle the huge growth in network traffic resulting from the much higher bandwidths increasingly available to people at home and at work.
Intranet Services
The coming together of Corporate Networks and the Internet
Corporations can leverage the Unified Networks by extending their network reach, harnessing new network applications, and delivering a whole new class of customer relationships.
Wireless Internet
The coming together of Wireless Telephony and the Wireline Internet
Exciting things are happening in the wireless category with a new network architecture in place that ensures a single, consistent network for telephony and data.
Internet Telephony
The coming together of Telecom Services and the Internet
Over $1 trillion has been invested in the global public network for high speed, high quality and high reliability for both telephone and data applications.
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