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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: Big Dog who wrote (6275)7/14/1998 10:31:00 AM
From: musicguy  Read Replies (1) of 25711
 
SIDY little blurb from 10-K
Spending on emerging technology equipment -- frame relay, ATM and ISDN -- grew by 60.4 percent to $3.9 billion in 1997. Spending is projected to grow at a 22.1 percent compound Annual rate
through 2001.

U.S. exports of telecommunications equipment rose by an estimated 24 percent to $21 billion in 1997.

Management is of the opinion that it is technologically well positioned to capitalize on these new and emerging technologies and hopes to gain a fair share of the market.

Now this is a "forward looking statement" but even if they capture a tiny bit of this HUGE market, there billions (with a capital "B") being tossed around in this sector.....

MG
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