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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (9029)	6/7/1999 11:55:00 PM
From: Condor	Respond to of 30916

OK ITDC it is.... buying now.....LOL

To: blankmind who wrote (9029)	6/8/1999 1:20:00 AM
From: vinh pham	Read Replies (1) \| Respond to of 30916

you're very funny. thanks for the laugh. fruitloops cereal sounds good for breakfast tomorrow. :-) good night.

To: blankmind who wrote (9029)	6/8/1999 9:36:00 AM
From: SteveJerseyShore	Respond to of 30916

NY Times Article(telephony) June 8, 1999 Nortel Annouces Connectivity Products By SETH SCHIESEL iring the latest volley in the battle to transmit phone calls using Internet technology, the Nortel Networks Corporation of Canada plans to announce Monday that it is developing almost a dozen new products to help corporate customers integrate their phone and data communications networks. Nortel, formerly called Northern Telecom, is North America's second-largest maker of traditional telecommunications equipment, behind Lucent Technologies Inc. Nortel and Lucent are locked in battle not only with each other but also with leaders in data networking, including Cisco Systems Inc., to develop technology for unified voice and data networks. Such unified networks could allow companies to reduce the amount they spend maintaining separate voice and data systems, and could even open the door to new sorts of services, such as phones that communicate with address book software. Developing so-called Internet telephony technology requires big engineering commitments, and Nortel has recently appeared to lag in that effort behind Lucent, Cisco and small Internet telephony start-ups like Vocaltec Communications Ltd. and the Clarent Corporation. Some of the products that Nortel intends to introduce Monday will not be commercially available for another year or so, but the announcement seems sure to add momentum to Nortel's efforts to become a leader in Internet telephony. While data networking companies like Cisco have appeared more aggressive in encouraging customers to anticipate scrapping their traditional phone networks in favor of more advanced Internet-based systems, older companies like Lucent and Nortel have encouraged a more evolutionary approach. That approach is geared to appeal to companies that could be concerned about the reliability and capabilities of Internet phone systems. "The fact is that most alternatives offered to customers for telephony over I.P. have been very primitive in the features they offer," said James R. Long, president of the Nortel group that sells products to business customers, referring to Internet protocol, the language of cyberspace. "What we are announcing are a spectrum of products that allow customers to implement a converged network along a whole spectrum, from continuing to run separate networks to using an advanced Internet protocol network." That spectrum of products ranges from Internet add-ons for existing office phone systems made by Nortel, which will be available immediately, to phone systems designed around Internet technology from the ground up, which are not scheduled to become available until the second quarter of next year. If Nortel meets that goal, it will find itself in roughly the same ball park as its major competitors. Cisco wants to deploy Internet-based office phone systems broadly early next year. Lucent plans to sell Internet-based phone systems for small customers this fall and to expand the products for large companies early next year. Long said that among the institutional customers that have agreed to try Nortel's Internet phone technology are the University of Texas at Austin; Countrywide Credit Industries, the mortgage company; Kinko's Inc., the copy shop chain; Safeway Inc., the supermarket company, and the Symantec Corporation, the software maker. But developing systems for business customers is only part of the Internet telephony equation. The other big part is developing Internet phone technology for communications carriers like the AT&T Corporation. Nortel's competitors seem slightly ahead in that part of the industry, but the Internet telephony market for carriers is immature and the eventual technology winners remain undetermined.