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Technology Stocks : Echelon Corporation (ELON)
ELON 21.88+10.1%Oct 6 5:00 PM EST

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To: Snowshoe who wrote (1789)4/10/2000 10:03:00 PM
From: Sir Auric Goldfinger  Read Replies (1) of 3076
 
It means ELON has been frozen out: "Firms Aim to Connect Home PCs,
Devices Using Electric Outlets

By a WALL STREET JOURNAL Staff Reporter

SAN FRANCISCO -- Thirteen high-tech companies said they will work
together to develop and promote technology for connecting computers,
printers and other devices through a home's electrical lines. The group, the
HomePlug Powerline Alliance, hopes to develop a technology standard
that could be incorporated into consumer products by year end.

The effort is one of several competing technologies for creating cheap,
simple home networks to allow computers to share files, games, printers or
an Internet connection the way office computers do. The HomePlug group
is several years behind similar efforts that use ordinary telephone lines or
wireless connections. In fact, some HomePlug members already sell other
home-networking devices.

HomePlug backers said they will be competitive with the other efforts,
because there are far more electric outlets than phone outlets in a typical
home. In addition, backers said, using electric lines will make it easier to
incorporate devices other than computers, such as game players and
hand-held organizers.

"This is an extremely compelling solution and has a huge market potential,"
said David Martella, a vice president of the Radio Shack unit of Tandy
Corp., a founding member of the alliance.

Other members are chip makers Intel Corp., Advanced Micro Devices
Inc., Conexant Systems Inc., Enikia Inc., Intellon Corp., Motorola Inc.,
S3 Inc. and Texas Instruments Inc.; computer-networking-equipment
makers Cisco Systems Inc. and 3Com Corp.; computer maker Compaq
Computer Corp.; and consumer-electronics maker Panasonic, a unit of
Matsushita Electric Industrial Co. of Japan."
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