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To: Dave Kiernan who wrote (74649)	4/10/2001 11:27:23 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

David Kieman: the hell with the bashers,post it Thanks David, I'll remember that... Screw anyone who lives his life in fear of US lawyers Having respect for someone else's property has nothing to do with fear of lawyers! It has to do with respect for the rights of others, respect for rule of law with a little ethics and morals thrown in... If you really want to see the Favors analysis, subscribe to his service. Or, start another thread and post the copyright material there. Regards, LG

To: Dave Kiernan who wrote (74649)	4/10/2001 11:32:20 PM
From: puborectalis	Read Replies (3) \| Respond to of 99985

Slow Sales Force Job Cuts at Marconi and Siemens Marconi PLC and Siemens AG are cutting a combined 5,000 jobs to trim costs as a slowing economy crimps sales of telecommunications equipment and mobile phones. Marconi, Britain's largest maker of phone equipment, is cutting 3,000 jobs, or 5.5 percent of its work force, in the next 12 months. Siemens, Europe's No. 2 mobile-phone producer, plans to eliminate 2,000 workers, or a quarter of those making handsets. Slowing growth has led phone companies to reduce equipment purchases. Marconi and Siemens join their European rivals LM Ericsson AB and Alcatel SA in eliminating workers. In North America, Lucent Technologies Inc., Motorola Inc. and Nortel Networks Corp. have announced plans to slash more than 50,000 jobs. SWISSCOM INVESTORS:Swisscom AG, Switzerland's largest phone company, plans to return 1.4 billion Swiss francs ($815 million) to investors after earnings fell for a second straight year in 2000. The company will pay a dividend of 11 francs a share and return an additional 8 francs to investors by reducing the face value of its stock. Falling prices for traditional and mobile-phone calls are hurting Swisscom's operating profit, which dropped 26 percent last year, to 1.8 billion francs. 'WINDOWS 95' MAN STEPS ASIDE:Brad Chase, who guided the introduction of the Windows 95 operating system for Microsoft Corp., will quit as senior vice president for MSN technology and operations, a spokesman said. It is not immediately clear what job Mr. Chase is planning to take with Microsoft, the spokesman said. JAPAN REVISES TELECOM LAW:The Japanese cabinet has approved revisions to laws covering Nippon Telegraph Telephone Corp., but no agreement has been reached on controlling anticompetitive practices, according to a spokesman for the Ministry of Public Management, Home Affairs, Posts and Telecommunications. The revisions will raise the limit on foreign ownership in NTT to up to one-third from a current ceiling of 20 percent and help two NTT domestic operators - NTT East Corp. and NTT West Corp. - expand their Internet businesses, said the spokesman, Kai Sakahira. More work needed to be done on a proposed bill to outlaw anticompetitive practices by market-controlling mobile-communications companies, those with more than 25 percent of the market, Mr. Sakahira said. JAPAN TELECOM RIVALRY:Japan's No. 2 telephone operator, KDDI Corp., appointed Tadashi Onodera, 53, as president, replacing Yusai Okuyama, 69. Mr. Onodera vowed to introduce a new strategy to combat Japan's top mobile-phone company, NTT DoCoMo Inc. INDIA TELECOM BIDS:At least four groups of companies said they had submitted bids to buy the Indian government's 25 percent stake in the monopoly long-distance telephone operator Videsh Sanchar Nigam Ltd. The companies include Singapore Telecommunications Ltd. with the its local partner, Bharti Group; Reliance Industries Ltd. of India, the Tata group of companies, and a four-party consortium that includes BPL Ltd. of India, Sterling Infotech Ltd. and CenturyTel Inc. of the United States. CHIPMAKER'S SALES RISE: Taiwan Semiconductor Manufacturing Co.'s first-quarter sales rose 40 percent from a year earlier, to 39.52 billion Taiwan dollars ($1.2 billion). The result was sharply lower than the 53.82 billion dollars in sales for the previous three months but in line with the company's forecast. BLOCKS OF STOCKS VIA INTERNET: Putnam Investments Inc., AIM Group and 69 other U.S. money-management firms plan to start using a system called Liquidnet to buy and sell blocks of stock between themselves over the Internet, bypassing Wall Street brokers. ERICSSON RECALL: LM Ericsson AB is recalling its new R520m mobile phones because of a manufacturing fault that reduces the phone's battery life. Compiled by Victoria Shannon from staff and news agency reports Printer Version