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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

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Nov 26 3:59 PM EST

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To: Andreas Helke who wrote (12949)	3/17/1998 5:45:00 AM
From: Morten	Read Replies (2) of 77400

Andreas and Eric, thanks a lot for your comments. For anybody interested in background information on ADSL, the Orckit thread is providing detailed information Thanks for the link to the newsarticle on the techweb. It is highlighting the problem. Once again a question concerning the evolution of the internet. Today's consumers are used to have access at low, minimum costs. The operators see a lot of their business moving to Voice over IP in the near future. Won't this hit hard the revenue side? As a European, I do not understand the billing system in the US. Consumers do not pay the local calls? It is exactly the last mile where European operators get their money from.And where Internet access can become really expensive. They possess the link, and they can charge the access of it as they want to. France Telecom for example dropped their long distance call charges, whereas the local phone charge was risen! When one of the drivers of future growth of internet is the usage of multimedia services, and this would be charged by bytes transmitted or time, then I see growth rates declining. And ADSL never ramping up. Thanks for your inputs Morten

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