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To: Eric who wrote (42222)11/4/2000 2:15:31 PM
From: Tony Viola  Respond to of 77399
 
That is going to create so many things that it just boggles the mind. When I started playing on the Internet in 1992 it hit me like a ton of bricks! This tornado of change has only just begun.

Well said, Eric. I watched Wall Street Week last night, 30th anniversary held at Carnegie Hall. Rukeyser had these guests:

Three titans of finance, Richard Grasso, Chairman of the New York Stock Exchange, Arthur Levitt, Chairman of the Securities and Exchange Commission, and Sanford Weill, Chairman of Citigroup, join Lou. He will also be joined by Frank Cappiello, Mary Farrell and Martin Zweig.

He asked them all what the biggest changes were in the last 30 years, in investing, and the overwhelming majority answer was the Internet, and its propensity for helping spread information so much faster, and foster on line trading, banking, commerce, etc. When asked about the next 30 years, they predicted more of the same. i.e., Internet, intranets, ASPs, ecommerce. Here's another example of a big company making yet another commitment to the Internet, wireless and broadband explosion: Intel is going to develop an IA32 architecture chip (probably Pentium III variant) with the power of 1000 MIPS, that's a thousand million instructions per second, FOR HANDHELDS;

Intel will present two papers detailing its recent innovations in both the IA-32 and IA-64 segments. Attacking low-power/high-performance dilemmas for handheld applications, Intel will describe an enhancement to the IA-32 architecture that offers up to 1,000-Mips performance at 800 MHz but runs at operating voltages of 0.7 to 1.65 V.

Tony