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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (5784)	1/31/2000 5:45:00 PM
From: Kent Rattey	Respond to of 24042

I was miserable wondering what I might miss. JDSU and QCOM are to dynamic to watch from the sidelines. Its better to stay in the stock and take the few down days with the incredible up days. Kent

To: t2 who wrote (5784)	1/31/2000 8:01:00 PM
From: j t jackson	Respond to of 24042

t2....Nortel study predicts $1.5 trillion Internet infrastructure expenditure by 2003. Internet to fuel trillion-dollar trade, Nortel study (All figures in U.S. dollars unless indicated) OTTAWA, Jan 31 (Reuters) - Construction costs for the Internet will more than quadruple to reach $1.5 trillion in 2003, according to a study released by Nortel Networks Corp (Toronto:NT.TO - news)(NYSE:NT - news) and consulting firm International Data Corp. Nortel, one of the world's largest communications companies, said spending on Internet infrastructure will even outpace the investment in electronic commerce in 2003. The study, released on Sunday at the annual meeting of the World Economic Forum in Davos, Switzerland, suggests the global Internet economy will reach $2.8 trillion by 2003. The forecast suggests the Internet and electronic commerce will represent the world's third-largest economy -- or 7 percent of global gross domestic product. Electronic business is expected to mushroom by 86 percent annually to reach $1.3 trillion in 2003, with Europe projected to record annual growth of 118 percent, the study said. ``The explosion in demand for bandwidth and the growing reliance of business and industry on the Web requires building a new, high-performance Internet as a matter of urgency,' said Ian Craig, vice president and chief marketing officer, in a statement. ``Nortel Networks has been doubling the bandwidth and halving the cost of fiber-optic networks every nine months,' he added. ($1=$1.45 Canadian)