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Technology Stocks : Westell WSTL

WSTL 5.700

-7.2%

Dec 29 3:56 PM EST

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To: Doug DuBois who wrote (9018)	1/19/1998 11:18:00 PM
From: Skiawal	Read Replies (1) of 21342

VERY INTERESTING...NICE FIND DOUG "Warp-speed Web access the aim of new alliance BY SETH SCHIESEL New York Times Three titans of the personal computer industry have joined with most of the nation's largest local telephone companies to enable consumers to receive Internet data over regular telephone lines at speeds much higher than are currently possible, according to executives involved with the alliance. Compaq Computer Corp., Intel Corp. and Microsoft Corp. intend to unveil the venture next week at a communications conference in Washington, the executives said. The formation of the new group is one of the most significant early moves in what promises to be a years-long battle between telephone companies and cable television companies for control of how consumers get high-speed access to the Internet. The executives said the three companies, which set much of the agenda in the computer industry, have teamed up with GTE Corp. and with four of the five Bell telephone companies to set technical standards for the next generation of access to cyberspace. The group wants to have modems and software based on the new standards on store shelves by Christmas, the executives said. If the group succeeded in popularizing the technology, consumers could get data like World Wide Web pages from the Internet and other advanced services at speeds up to 30 times faster than today's fastest modems deliver. Pages that now take minutes to view would appear on a computer's screen almost instantly..."

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