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To: gdichaz who wrote (96144)	3/25/2001 7:44:35 PM
From: Jon Koplik	Respond to of 152472

Cisco still sucks, therefore still sell QCOM (?) (From the rocket thread). clubs.yahoo.com ***************************** Can't he just shut up for a week : -( Cisco chief warns US downturn is set to continue. By Edward Luce and Louise Kehoe in San Francisco Published: March 25 2001 19:39GMT \| Last Updated: March 25 2001 23:03GMT The US economic downturn will continue for "at least three more quarters" and possibly longer, according to John Chambers, the chief executive of Cisco Systems and one of the leading business executives in Silicon Valley. Mr Chambers said in an interview with the Financial Times that the outlook for the US economy had deteriorated significantly since Cisco - the leading supplier of computer networking equipment - warned in January that it expected the downturn to last for two quarters or more. Cisco shares fell by $1.06 to $18.69 on Friday amid rumours the company would issue a further profits warning for its third quarter results in May. Although Mr Chambers did not warn on profits, his comments are likely to fuel the anxiety about the deterioration of the US economy that prompted sharp global stock market falls last week. The company, which is considered to have one of the most advanced "real-time" internal systems for monitoring day-to-day worldwide customer demand, missed its quarterly earnings target last month for the first time in six years. As recently as November Cisco enjoyed a growth rate of over 70 per cent. By February orders had dropped below those of the same month last year. It may have been the "fastest deceleration that any company had ever experienced," Mr Chambers said. "We thought this [downturn] would last for two quarters. Now we are saying that it will last for at least three quarters. "The slowdown that we saw in January is continuing in February and March. We have seen the issues expand to Asia-Pacific and we see the early signs in Europe." America's National Association of Business Economics, in a six-monthly economic policy assessment to be released on Monday, said for the first time in nearly five years that it had "major reservations" about the conduct of monetary policy. Thirty-four per cent of the group's 267-member policy panel said that it was "too tight", up sharply from 9 per cent in August. Mr Chambers, known as a close supporter of President George W. Bush, urged US government agencies to take more drastic remedial action. One "big problem", he said, is that "business leaders are making decisions based on real time data, while governments are making decisions based on data that often lags by one to three months, and old economy data rather than new economy data."

To: gdichaz who wrote (96144)	3/25/2001 7:56:35 PM
From: Jon Koplik	Read Replies (2) \| Respond to of 152472

Bluetooth demo sucks, therefore ... sell QCOM (?) (Also from the rocket thread). ******************************** dailynews.yahoo.com Sunday March 25 3:05 PM ET Bluetooth Demo Flops at Tech Show By HANS GREIMEL, AP Business Writer HANOVER, Germany (AP) - It was meant as a crowning moment for a long-promised technology designed to create a wireless link among different devices around the home or office. But instead, the ``Bluetooth'' demonstration at the world's biggest computer and electronics show turned into an embarrassing flop when 100 transmitters equipped with the short-range radio technology failed to transform a convention hall into a wireless data network for visitors with palmtop computers. The ill-fated bid to create the world's biggest Bluetooth network at this year's CeBIT trade fair underscored the many obstacles that still plague the two-year-old technology. Bluetooth is seriously hobbled by a lack of standardized code, which means that devices of different brands often can't communicate with each other - a big flaw for a technology hailed as the next step in computer interconnectivity. A new standardized version of Bluetooth has been developed, but the first gadgets using it won't be ready until later this spring, and there is no guarantee that existing Bluetooth devices will be compatible with the new version. But such problems have done little to dim enthusiasm among high-tech companies, many of which latched onto Bluetooth as the buzz word of CeBIT and keep developing Bluetooth products despite the quirks. ``If it didn't have problems at the beginning, it wouldn't be great technology,'' insisted Ulrich Woessner of German Bluetooth company Lesswire AG, one of the event's organizers. Named for a Danish king who unified his kingdoms in Denmark and Norway, Bluetooth is designed to let computers, mobile phones, digital cameras - almost any electronic gizmo - to connect and exchange information. The technology is seen as ideal for short-range connections compared with infrared beams, which require a direct line-of-sight between the devices and can't travel as far as Bluetooth radio waves. Companies like Lesswire are developing transmitters that can act as communication hubs between different gadgets, adding to mobility by minimizing the tangle of wires and cables. Virtually all makers of computer hardware and consumer electronics are beefing up their offerings of Bluetooth-enabled products. At CeBIT, which began last week and continues this week, mobile phone leader Nokia (news - web sites) introduced its newest Bluetooth handset, and Hewlett-Packard unveiled a set of computer accessories aimed at making several printer models Bluetooth compatible. One company, Anoto AB of Sweden, demonstrated a digital Bluetooth pen that can transmit handwritten text to a nearby computer or beam it as e-mail to the user's mobile phone. The challenge, however, is making sure all Bluetooth products can communicate with each other. ``At this time, you can say that every Bluetooth product can have the same problem,'' admitted Rene Haag of RFI Mobile Technologies, a company that makes PC cards for home and handheld computers to make them Bluetooth compatible. ``Right now, the standard is defined, but companies are using different specifications,'' Haag said. That problem torpedoed last week's CeBIT test, when a Bluetooth card in one of the computer servers failed to communicate with one of the transmitting devices, Woessner said. Anoto's Bluetooth pen was not affected by the server problem, but it exemplifies the interconnectivity problem. The company says it will hit the stores in December for around $100 apiece. But besides needing special paper, the cigar-shaped pens are only compatible with Bluetooth devices made by mobile phone maker Ericsson. Anoto says that problem will be solved, but balked at providing details. ``The demo version is only compatible with Ericsson, but the final version is a different story,'' Anoto vice president Micco Groenholm assured. To make matters worse, Bluetooth is also expensive. A Bluetooth card for a home computer costs up to $250, even though it may not be compatible with the gadgets people want to use. So far, consumer demand for Bluetooth has been anemic due to the technical problems and the high prices, said Andy Brown, an analyst with International Data Services, an industry research firm. But he said companies are jockeying for position now so they can be ahead of the curve when the standardized code catches on. ``We're just at the beginning of this technology,'' Haag said. ``With the first deliveries of the new standard, the market should be explosive.'' Copyright © 2001 The Associated Press. All rights reserved.