To: Clappy who wrote (16448 ) 4/26/2000 3:03:00 PM From: Dealer Read Replies (1) | Respond to of 35685
QCOM---Well! Well! Well! Check out this dudes!!! Can we get this on the nightly news or front page. DJ Clinton Stresses Internet On N. Carolina Visit > QCOM 04/26/2000 Dow Jones News Services (Copyright ¸ 2000 Dow Jones & Company, Inc.) WHITEVILLE, N.C. (AP)--In a North Carolina town where first-run movies come a few weeks late, U.S. President Bill Clinton Wednesday underscored a need for better and faster Internet connections in homes and businesses in the rural U.S. Clinton's trip to Whiteville was the fifth in a series of "New Market" tours the president has made to stress the need for economic development in depressed areas of the nation like Columbus County, N.C., where the unemployment rate is 12% - one of the highest in the state. He toured Remote Data Systems Inc., a seven-year-old company that designs and makes devices for scientists and environmental regulators. To keep growing, the company needs faster access to the Internet, something that doesn't come as cheaply in Columbus County as it does in more urban areas of North Carolina. RDS President Ben Frink showed Clinton one of the company's monitoring devices that is bear-resistant. "I could use that in Washington," Clinton joked. He also watched a demonstration on how wireless high-speed internet technology can be affordably deployed in remote areas where it is costly to lay cable and fiber data-transmission lines. Dr. Irwin Jacobs, chairman of Qualcomm Inc. (QCOM), a telecommunications company, showed off the speed of the technology using e-mail hookups on two computers set up side by side. Clinton stood and maneuvered the mouse while Jacobs showed how slow the wired connection was when compared to the wireless one. It was minutes vs. seconds. "What difference does it make except I have to wait longer than you are?" Clinton asked. Jacobs explained that those extra minutes can make a huge difference for business-to-business e-commerce. Besides, Jacobs said, the wireless link was more mobile and easier to install in places that lack up-to-date wire connections. (END) DOW JONES NEWS 04-26-00