BAY Ntwks (under House) Message Board

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Technology Stocks : BAY Ntwks (under House)

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To: John Messbauer who wrote (3375)	1/7/1998 2:35:00 AM
From: Pigboy	Read Replies (1) of 6980

<< I know technology costs---what am I missing? >> John, Its a good question, but I believe it has a simple answer. IP telephony is the way of the future and Cisco, Bay's #1 Competitor, just bought Lightspeed which does something similar. Better IP telephony allows for more people to have (better) phone conversations over the Internet (so it is more like our regular phone calls) and at SIGNIFICANTLY cheaper prices. It has not taken off yet, but will. Using telephony over the Internet has other advantages, such as videoconferencing. Many large companies such as Bay and Cisco have to hedge their bets early on where and how things are heading so they go in early (before they have made significant revenues) and buy a stake in OR buy small companies outright that have great promise (that also sometimes have little or no revenue). ALL IMHO pigboy

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