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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (9121)	12/26/2000 5:44:57 PM
From: Stocker	Read Replies (2) of 14638

Hi Ken, I respectfully disagree whenever I see those types of comments and here is why. I just think it's too optimistic of a lot of these co's to expect that users are going to pile on to the internet from lesser developed countries. Because of my wife's work (with an embassy) I've had the opportunity to travel and live in several 3rd world countries and from what I've have seen, especially in South America which is touted as one of the next great growth regions, the people's priorities are simply NOT internet access. Interest here is huge but with poverty rates running as high as 80-90% in many of these areas people simply can't and won't be able to afford to check out the net. The necessity lies much more in housing, education, personal protection from crime, employment etc. Now, that's not to say growth won't be huge as many in middle to upper classes here are just tuning in, but, it seems too optimistic (which seems to be human nature) to expect the kind of numbers mentioned. At least to me. Seasons greetings to all.....

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