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To: Johnny Canuck who wrote (25061)	2/4/2000 2:05:00 AM
From: Johnny Canuck	Respond to of 68251

dailynews.yahoo.com Driven by rapid technological innovation and plunging costs, the amount of information fiber-optic systems can handle is estimated to be doubling every nine months Corning, already the world's leading supplier of optical fiber and cable, said Thursday it is investing about $750 million to expand its global fiber-making capacity by 50 percent within three years. In November, Corning acquired a leading laser producer, Oak Industries Inc (NYSE:OAK - news)., in a stock deal valued around $2 billion. A month later, it paid around $1.3 billion to buy Siemens AG's fiber-optic systems business and buy out two joint ventures with the German industrial group. Both deals were formally completed during the past week. By investing in laser and other optical components, Corning is pushing into terrain reigned over by powerhouses like San Jose, Calif.-based JDS Uniphase Corp (NasdaqNM:JDSU - news). and Lucent Technologies, of Murray Hill, N.J. Corning, based in rural western New York, controls an estimated 40 percent of the world's optical fiber market, twice as much as its nearest rival, Lucent, and has fiber-making plants in Europe, Australia and the United States, including the world's largest, in Wilmington, N.C. Analysts set worldwide demand for fiber at more than 37 million miles in 1999. The market is expected to exceed 60 million miles in 2002. Optical fiber, cable and optical devices contributed 59 percent of Corning's revenues of $4.3 billion in 1999, and that segment will likely account for 70 percent of sales this year ************************************ ********************************** biz.yahoo.com Thursday February 3, 2:11 pm Eastern Time Company Press Release SOURCE: Banc of America Securities LLC As the Internet 'Goes Wireless,' Outlook for Wireless Communications Sector Is Robust, According to Banc of America Securities Analyst ''Handset sales were up 63 percent last year and wireless component shortages in 1999 have left a dry channel to kick off this year, so the big question for 2000 is -- will supply catch up with demand?'' says McKechnie. ''The driver that will have the most impact on this market is the development of the wireless Internet.'' McKechnie believes that the introduction of the WAP -- wireless application protocol -- browser will kick off a virtuous cycle in the wireless Internet similar to the Netscape browser in the wired Internet. Carriers are busy upgrading their networks with packet overlays like General Packet Radio Service (GPRS) to optimize the power of the wireless Internet. Packet service will play an integral role in the development of the wireless Internet as this will allow subscribers to maintain a constant connection without squandering valuable network capacity. ''There is a giant sucking sound called the wireless Internet, which is just in its infancy.** The movement is already kicking in and now the only determinant is how quickly we can build out these new systems to accommodate the demand for these services,'' says McKechnie.

To: Johnny Canuck who wrote (25061)	2/4/2000 2:14:00 AM
From: Johnny Canuck	Respond to of 68251

biz.yahoo.com SOURCE: NOVA Research DSL Companies Will Meet With Buy-Side Analysts DSL Investor Conference Set for February 23rd in New York City NEW YORK, Feb. 3 /PRNewswire/ -- The leading DSL service providers, equipment suppliers and technology firms will meet in a closed session with buy-side analysts on February 23rd at The Plaza Hotel in New York. Presenting DSL firms include Aware, Inc. (Nasdaq: AWRE - news); Copper Mountain Technologies, Inc. (Nasdaq: CMTN - news); DSL.net, Inc. (Nasdaq: DSLN - news); InterSpeed; (Nasdaq: ISPD - news); mPhase Technologies, Inc. (Nasdaq: XDSL - news); Netopia, Inc. (Nasdaq: NTPA - news); NorthPoint Communications, Inc. (Nasdaq: NTPT - news); Rhythms NetConnections, Inc. (Nasdaq: RHTM - news); SBC Communications (NYSE: SBC - news); and Westell Technologies, Inc. (Nasdaq: WSTL - news). A key objective of the conference will be to, ''familiarize institutional investors with the rapidly evolving landscape in the DSL market'', said Milton Puryear, Managing Director of NOVA Research, Inc., the conference sponsor. ''The massive growth of the broadband wide area network over the last five years has heightened the urgency for ''last mile'' broadband deployment. The growth rates of ADSL and SDSL, in particular, far exceed those of cable, ISDN and T1 (HDSL) connections. Overall DSL deployments are growing at 300% annually compared to 60% for cable modems.'' ''Demand is exceeding forecasts by as much as 100%,'' said Puryear. ''Gartner Group's forecasts of DSL customer premise equipment units in 2000, 2001, 2002 and 2003 were 2.2 million, 3.9 million, 6.4 million, and 9.8 million respectively. Dataquest forecast 2.9 million total DSL chip sales in 1999. As of November 1999 actual chip shipments were over 3.8 million.''