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To: H James Morris who wrote (113716)12/30/2000 4:59:45 PM
From: Victor Lazlo  Respond to of 164684
 
<<Meanwhile, Foundry Networks (FDRY:Nasdaq - news), which just last week warned of a shortfall in fourth-quarter profit and revenue, made the list by falling 90%. The announcement by Foundry, a maker of communications equipment, confirmed that the providers of data networking equipment, like providers of voice network equipment, are also susceptible to the looming spending slowdown. >>

Foundry is ATM, no? That's yesterday's technology.
Foundry is not representative of networking or telecom at all. They had already been falling behind in the industry for a while.



To: H James Morris who wrote (113716)12/31/2000 4:15:38 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Also investment failures were the plays on the future of the broadband Internet, such as Akamai, Liberate Technologies (LBRT:Nasdaq - news) (down 89%) and Excite@Home (ATHM:Nasdaq - news) (down 87%).

Broadband rollout was delayed due to lack of liguidity. It still is coming. That is a fact. Using a dial-up modem is nuts with the graphics currently on-line.