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Technology Stocks : Cisco
CSCO 71.07-1.4%Nov 6 3:59 PM EST

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To: Uncle Frank who wrote (186)10/18/2000 2:15:37 PM
From: The Phoenix  Read Replies (1) of 405
 
Cisco looks at the network a bit differently than most competitors. While many are running around trying to build more speed into infrastructure it appears CSCO is focused on delivering services. Which is a better approach? Time will tell, but I can say this - consumers don't buy bandwidth for the sake of bandwidth... they buy it to get better or more services. I think CSCO is playing this just right.

yahoo.cnet.com


Alliance to home in on household networking
By Erich Luening
Staff Writer, CNET News.com
October 18, 2000, 9:30 a.m. PT

Home is where the network is--or will be, judging by the aspirations of a new group that brings together a host of
high-tech and retail companies.

As first reported by CNET News.com, the Internet Home Alliance, formed by Cisco Systems, Best Buy, General Motors,
Panasonic, Sun Microsystems and others, will expound on the benefits to consumers of connecting their computers and other
electronic devices to the Net.

The alliance is promoting an "Internet lifestyle" that thrives on high-speed, always-on Net access
throughout the home, Cisco said in an announcement Wednesday. As the technology becomes
mainstream and the availability of broadband increases, Cisco said it will benefit from consumers'
need to connect computers, telephones, smart appliances, and home heating, cooling and security
systems.

With high-speed Net connections becoming more widespread, technology companies believe that
consumers will want all of their electronic devices to communicate and share a Net connection. That
capacity would allow homeowners to perform tasks such as adjusting the temperature in a room from
a PC, watching security-camera surveillance of their home over a Web browser, and distributing audio
or video throughout the home.

"The Alliance will work with all members of the industry, from service and content providers to home
integrators and developers, to accelerate parallel industry growth," Mike Moone, group vice president
and general manager of Cisco's consumer business line, said in a statement. "This will allow the
industry to quickly deliver Internet lifestyle solutions that add value to consumers' lives."

Other members of the alliance include 3Com, CompUSA, Honeywell, Invensys, Motorola, New Power,
Reliant Energy, Texas Instruments and Sears Roebuck. The companies plan to work together to
define the building blocks of the home networking industry and minimize barriers inhibiting the mass
adoption of the Internet lifestyle.
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