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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.40

-1.4%

3:59 PM EST

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To: The Phoenix who wrote (19443)	11/20/1998 1:50:00 PM
From: Curtis E. Bemis	Read Replies (2) of 77400

This off the VOIP/VON Thread--from a Price-Waterhouse Report- VOIP only estimates-- It meets your 300B$ requirement Remarkable improvements have occurred in voice over the Internet and especially over IP-based private networks, and these will continue, improving the quality of IP telephony. But the share of the voice market claimed by Internet service providers, though growing, is not significant-various analysts predict worldwide revenues for IP telephony service providers in the neighborhood of $2 billion to $8 billion in five to six years (by comparison, standard telephony service worldwide drew revenues of $495 billion in 1997, according to the International Telecommunications Union, which predicts total spending of $850 billion by 2005).

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