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To: freeus who wrote (45150)	10/18/1999 11:27:00 AM
From: T L Comiskey	Respond to of 152472

...Slow day....wireless related.......................WOODBURY, N.Y.,--(BUSINESS WIRE)--Oct. 18, 1999--Comverse Technology, Inc. (Nasdaq:CMVT - news), the world's leading supplier of enhanced services platforms to wireless and wireline network operators, today announced the introduction of a new subsidiary, starhome(TM). starhome is beginning deployment of a global, IP- (Internet Protocol) based network which will allow wireless carriers to offer, to their roaming and visiting clientele access to a wide range of data and communication services, in the clients' native language, as if they were at home, just by dialing ``* h-o-m-e' or using their familiar home short code. Today such services are either unavailable to roamers, or are complicated to access and unfamiliar to use. Through the starhome Network, wireless travelers will be able to access value-added services from any terrestrial location, using familiar home short codes, user interfaces and numbers. starhome's global enhanced services will be conveniently billed to the subscriber's home mobile account. Wireless network operator who join the starhome ``network of networks' will benefit from the increased airtime and revenues generated through their visitors' and subscribers' use of enhanced services while roaming. In addition, starhome membership creates a competitive advantage for wireless carriers through service differentiation, making members' wireless service offerings more attractive to roaming customers. Leveraging Comverse's Enhanced Services Technology & Base Of More Than 200 Wireless Operator Customers Leveraging its parent company'stechnological strengths and worldwide customer base of more than 200 wireless network operators, starhome is stretching the typical value-added service environment beyond the home network and into a seamless global macrocosm of enhanced services. Kobi Alexander, Chairman, President and Chief Executive Officer of Comverse Technology, Inc., said, ``Comverse is uniquely positioned to make starhome's promise of `global access to local enhanced services' a reality. First, we are the world's leading supplier of enhanced services systems and technology, offering the broadest range of reliable, scalable value-added services. Second, we have already installed enhanced services systems with well over 200 wireless network operators, all of whom can benefit from increased revenues and competitive differentiation through starhome. Third, we have considerable experience in delivering geographically distributed systems linked over IP-based wide area networks, and the core technologies required.' Offering a fully distributed service, starhome's IntelliGate(TM) IP-based intelligent gateway platforms enable integration of data and voice technology with global network features and multiple language support. starhome's IntelliGate platforms are connected to each mobile network via digital telephony interfaces. starhome's global IP network connects all IntelliGate platforms. The starhome network is an open network that can integrate virtually any type of service, including Internet services tailored to the mobile environment, and third-party applications. starhome Offers Wireless Roamers A Broad Range Of Enhanced Services starhome offers mobile network operators one-stop shopping for enhanced services for their roaming clientele. In addition, starhome will provide on-going implementation of new enhanced services and cost-effective scaling as traveling subscribers increase in number. Carmel Sofer, CEO, starhome, said, ``starhome is the first organization to deliver global access to local services. This deployment marks a significant milestone for network operators.'

To: freeus who wrote (45150)	10/18/1999 11:40:00 AM
From: Jim Willie CB	Read Replies (3) \| Respond to of 152472

on techs and bubble I repeat Galvin's point that capital has been undergoing a colossal exodus toward money markets in the last several months that the average NYSE stock is down 25% off yearly high, and avg S&P100 stock is down 17% that Return on Equity for Dow Jones Industrials is nearly double what it was in the 1980's that we are deeply oversold now I suspect tech companies are the largest contributor to improvements in ROE bear this fact in mind: 95% of those who speak of "bubbles" dont know what the fxxx they are talking about, and provide ashamedly insufficient information to back up their claims... they typically dont mention growth, productivity, internet developmts, faster inventory cycles, return on equity, capital equipmt investments... Jeez Loueez what shallow evidence did this numbnut offer besides percent of S&P market cap? we are in the midst of an unprecedented period when babyboomers like me and you are in their peak earning years... this will continue until the years 2010 or 2015... join it and prosper, or watch it and complain bitterly later / Jim