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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (29929)12/3/1999 1:15:00 AM
From: Bindusagar Reddy  Read Replies (3) | Respond to of 77400
 
Read this if you are still in disbelief about who is leading the charge in communications. Never too late to learn the truth.

Star-Ledger (N.J.), 12/1/99
DESIGNING TOMORROW'S NET
The Pentagon has recruited Princeton University, Lucent and Bell Atlantic to help forge an industrial- strength, "next-generation" Internet. Dubbed "Pegasus," the $75 million project being launched today will seek faster, crash-proof ways to shuttle huge volumes of data for defense, medical research and e-commerce. The planned centerpiece of the two-year collaboration is work on producing an optical switch that can process five trillion bits of information per second. Funded by the Defense Advanced Researc Projects Agency, Pegasus is part of U.S. President Clinton's Next-Generation Internet proposal.
The administration has pledged $100 million annually for three years to develop an information network 1,000 times swifter than today's version. Bell Atlantic, City University of New York, the University of Pennsylvania and Drexel University will examine whether technologies underlying today's Internet should be enhanced or
replaced. A team from Princeton, Lucent and Drexel will work on devising a switch intended to transfer at least five terabits of data a second. They are aiming for a switch that can route information as pulses of light, without an intermediate step that briefly converts the pulses into electronic signals.

All the Cisco fans including analysts must be smoking Chambers grass, unable to see who is leading the charge. Forget GSR1200 and Cerent. LU is going to blow past everyone in new millenium. Cisco can not even come close matching its optical transmission and Routing leadership.

Never too late to save your face.

BR