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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: John Rieman who wrote (47673)11/20/1999 11:57:00 AM
From: J Fieb  Respond to of 50808
 
John R.,

John Chambers want IP video, some think he has IP on the brain...........

After 36 years at Bell Laboratories, including three years as director of the legendary research center, Nobel
laureate Arno A. Penzias has retired in California. There, he serves as an adviser and investor with blue-blood
venture capitalist firm New Enterprise Associates, offering his insights into telecommunications and other
technologies. Dressed in a red sweatsuit in his San Francisco home, Penzias shared some of those insights with
BUSINESS WEEK's Andy Reinhardt, while cargo ships plied the bay outside his picture windows.

: Who said it would be?
A: Well, John Chambers [CEO of Cisco Systems (CSCO)] says the telephone is a dinosaur. He's a great man,
but his mentality is that you should get rid of your phone and use your computer instead. Give me a break. The
telephone is convenient, it works, it goes in your pocket. The mistake he's making is to think that the world is
going to be a neater place, that Internet Protocol will do everything. I think it'll be quite the opposite.
Things are
getting more diverse.

Q: Can you give me some examples of that?
A: You are going to see other protocols for things like channelized data, where you want your own pipe or you
need more security. And you are going to see a multiplicity of devices, not a blurring. You don't want to watch
video on your cell phone. Within five years, every new car in the world will have a satellite antenna that lets it
receive 500 radio stations and six to eight hours of storage for saving programs. And think what your life will be
like when a TiVo box [a digital video recorder] will be able to store 3,000 hours of video instead of 30. All of
these different devices will use various kinds of networking technology.......................

more..........

Message 11904180

CUBE, you really should have worked harder to win the TIVO slot.