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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Yaacov who wrote (87382)	8/29/1999 8:10:00 AM
From: Paul Engel	Read Replies (3) \| Respond to of 186894

Yaacov - Re: "Nice to see you still waving the flag! Still many thanks for the past guidance, " Very good to hear from you, Yaacov. I hope all is well with you. Paul

To: Yaacov who wrote (87382)	8/29/1999 5:59:00 PM
From: Barry Grossman	Respond to of 186894

Alex, How are you doing? Still holding on to that INTC, I see. Good going. This sounds like good news for European surfers. Do you agree? If it's good for them, it's good for Intel. Take care, Barry --------------- biz.yahoo.com Sunday August 29, 6:06 am Eastern Time European tech companies promise Internet for all By Deborah Cole and Paul Carrel BERLIN, Aug 29 (Reuters) - European consumers are set to enjoy an online revolution that will slash the cost of surfing the Internet and make it possible to access the web via TV sets and mobile phones, technology companies say. At the IFA consumer electronics fair in Berlin, billed as the world's largest, the drive to make the Internet a greater part of people's everyday lives comes as more online providers in Europe cut their rates. Extending a price war which has swept through the United States and begun in Britain, AOL Europe said it would offer unlimited monthly access in Germany for a rate of 9.90 marks ($5.29) in addition to phone charges, a figure well below expectations. ``Only when you provide unrestricted access at a rate people can afford can you call the Internet a mass market,' AOL Europe Chief Executive Andreas Schmidt told Reuters. Internet providers such as AOL Europe, a venture of America Online Inc (NYSE:AOL - news) and Bertelsmann AG (quote from Yahoo! UK & Ireland: BTGGga.F), are banking on lower rates sparking a sharp rise in subscriber numbers that will in turn drive online advertising and e-commerce revenue. But AOL Europe's Schmidt said that although he expected strong development in the European market, phone companies' charges for online access were restricting the potential of the Internet. ``Price is holding back the whole development of a net-centred economy (in Europe) like that which has been created in the United States,' Schmidt said. ``People are checking their e-mail and having a quick look at this site or that and then going off line rather than staying on and browsing.' In the United States, most Internet surfers pay a monthly fee for web access and face no phone charges for time spent online. Technology companies hope that an array of new cyber-services will attract more Europeans to the Internet. European consumer companies said at IFA that they were developing ways to access the Internet via television sets, which they said would open the online market to a wider audience more comfortable with TVs than personal computers. Bavarian tycoon Leo Kirch's media group announced that it would introduce Internet capability to an updated set-top decoder box currently used for digital television service. German upstart Infomatec (quote from Yahoo! UK & Ireland: IFOG.F) unveiled similar plans while Finnish telecommunications equipment maker Nokia (NYSE:NOK - news) displayed a prototype portable terminal combining TV, Internet and mobile phone services. Other vendors said they would roll out Internet-capable mobile phone service later this year, allowing callers to send electronic mail and access online banking, pictures and cyberspace shopping. ``It will be a completely mobile world,' Rene Obermann, management board member of Deutsche Telekom AG's (quote from Yahoo! UK & Ireland: DTEG.F) T-Mobil unit told Reuters. T-Mobil and rival German telecommunications companies Viag Interkom (quote from Yahoo! UK & Ireland: VIAG.F)(quote from Yahoo! UK & Ireland: BT.L) and E-Plus (quote from Yahoo! UK & Ireland: RWEG.F)(quote from Yahoo! UK & Ireland: VEBG.F) said they would launch mobile Internet access during the third quarter. Mannesmann Mobilfunk (quote from Yahoo! UK & Ireland: MMNG.F) said it too would follow suit. For the key youth market, video game company Sega plans to link its game sets to an Internet chat room with a product called Dreamcast so players can meet opponents from around the world. They would even have the option of doing some online shopping while they are connected. ``We all play games -- why don't we play together. Dreamcast -- up to six billion players,' Sega says in an advertisement. Dreamcast is due to be introduced in October in Europe. IFA, which runs through September 5, has drawn some 850 companies from 36 countries and is expected to attract 400,000 visitors. ($1 equals 1.871 Mark) --------------------------------------------------------------------------------