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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.17-0.4%10:40 AM EST

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To: Homer who wrote (72870)5/31/2000 12:36:00 AM
From: The Reaper  Read Replies (1) of 152472
 
Homer, my man. The future of CDMA does not just lie in carrying phone calls for the Chinese. IJ said that he foresaw a penetration rate of 300% for cdma devices. Try 1000% or more. I don't think we've even scratched the surface yet. These appliances won't be plugged into the wall
at home.

kirby

MATSUSHITA ELEC WORKS TO DEVELOP NET-COMPATIBLE HOME APPLIANCES

TUESDAY, MAY 30, 2000 9:43:00 PM EST

OSAKA, May 31, 2000 (AsiaPulse via COMTEX) -- Matsushita Electric Works Ltd. (TSE:6991) will develop home electrical equipment which can be controlled online, the company announced Tuesday. It will work on the project with two U.S. start-up firms, emWare Inc. and Tasking Inc.

Consumers will be able to turn on and off lights and other home appliances from outside via a personal computer or cellular phone. Home intercom videos may also be transmitted to cell phones, allowing people to view the faces of visitors who call when they are out, the company said.

The Osaka-based manufacturer of electrical appliance and building materials will start selling Net-compatible appliances within two years.

The affiliate of Matsushita Electric Industrial Co. (TSE:6752), hopes to post 10 billion yen (US$93.5 million) in annual sales of the devices and related services, including a crime prevention service in two years.

emWare has developed Net access software called EMIT, which will be used to make Net-compatible equipment without using a high-performance central processing unit. The software is expected to cost several hundred yen per device.

Matsushita also plans within two years to sell home-use servers to hook up with appliances within two years. A typical server, which will be attached to an electrical fuse box, will likely cost 20,000-30,000 yen.

(Nikkei)

(C) 2000 Asia Pulse Pte Ltd
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