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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Moonray who wrote (14564)4/7/1998 1:37:00 AM
From: jhild  Read Replies (1) of 22053
 
Well this should be good for the networkers going forward.

Tokyo Centers 1 Trln Yen In Extra Stimulus Spending On Info Technology

TOKYO (Nikkei)-The government plans to spend 1 trillion yen on information/communications projects as the nucleus of supplementary spending for fiscal 1998, government sources said Monday. The government views the project as the core of a comprehensive economic-stimulus plan it aims to announce in late April.

Specifics include providing 38,000 public schools nationwide with Internet access by 2000, instead of an earlier target date of 2003. To achieve this, the government plans speed installation of a 1.5-gigabit optical cable network.

The plans also moves up to the end of this fiscal year provision of one personal computer for every junior high and high school student, from an original target date of 1999. Elementary schools will get one computer for every two pupils.

The spending will also fund training of teachers in information technology.

The new plan is a response to strong criticism of stimulus policies stressing public works, mainly civil engineering and construction projects, as inefficient. The government sees its next program as contributing to social infrastructure.

(The Nihon Keizai Shimbun Tuesday morning edition)
satellite.nikkei.co.jp
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