To: Jane4IceCream who wrote (28210 ) 6/21/2000 11:10:00 PM From: American Spirit Read Replies (1) | Respond to of 57584
IBM - Best safe and secure undervalued tech IMHO. With huge guaranteed revenues every quarter and so much cutting edge tech it threatens EMC, SUNW, INTC and ORCL. No longer just a PC company by any means. This is their latest story but I find their next generation microchip stories even more compelling. At 25 PE at 114 it's scheap so I bought more today for a long term hold (or position trade if it hits my target sooner than later). My target is $149.I "IBM Vaults into Voice Internet" 06/21/00 NEW YORK, June 21 (Reuters) - International Business Machines Corp. said on Thursday it is launching a fleet of products to bring voice to the Internet. The products, most of which are already available, will allow users to surf the Internet using a telephone instead of a screen and a voice instead of a mouse and keyboard. The Armonk, N.Y.-based company, the world's largest computer company and second largest software maker after Microsoft Corp., said it would incorporate VoiceXML -- Extensible Markup Language -- into its WebSphere server technology that has traditionally managed all transactions and movements on a Web page. In this way, the new technology will add a layer that allows Internet activity to go from the graphics displayed on a screen to be conducted using a voice on a phone, be it wireless or standard wired telephones. Technology New Privacy Tech Slammed MIT Aims for Simpler Computers Elect. Boutique Sees Drop-off Analysis: MS to Supreme Court Virus Linked to Argentina ``Instead of using a Web browser, you're using a voice browser,'' said W.S. Osborne, general manager of IBM Voice Systems. Osborne said that in addition to providing the technology that will allow users to get stock quotes, buy merchandise, find out what movie is playing and buy a ticket all via the phone Internet, the voice technology will allow telecommunications companies to build portals where users can get news, horoscopes and other information over Internet by talking into the phone. The new standard VoiceXML tells a computer what to do with a command. It was developed by Motorola Inc., Lucent Technologies Inc. and AT&T Corp. and is unlike proprietary voice recognition systems. The systems will open up the technology to a large pool of developers who can create different applications for speech-controlled Internet activity, McClure said. Use seen in cell phones Voice-enabled Internet technology is seen as fertile ground because more people have access to cellular phones than to computers. Research Group Cahners-In-Stat Group estimated that by the end of 2002 worldwide wireless subscribers will reach the 1 billion mark with penetration rates approaching 17 percent. The number of subscribers is expected to grow at a compound annual rate of 34.5 percent over the next five years, the firm said. There are about 550 million regular personal computer users. Wireless handsets will be the most pervasive method of accessing the Internet within the next four years, Cahners said.