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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Mark Fowler who wrote (7121)	5/23/2001 9:00:47 PM
From: Si_Detective	Respond to of 57684

Citigroup's Rubin Skeptical Of US Econ Recovery In Q4 quicken.excite.com

To: Mark Fowler who wrote (7121)	5/23/2001 9:19:02 PM
From: craig crawford	Respond to of 57684

Unfortunately so many of the "new economy" stocks hinged their success on the roll-out of broadband. Broadband was the buzzword that everyone used to justify why it's "different" this time. "Ironically, in his earlier remarks made moments after the wireless network problem, Gates said the only weak link in deploying new technology was high-speed Internet access, which was proving too costly to roll out quickly." ``There is no hardware limitation that will affect what you want to do, but there is one exception and that is the cost of broadband communication, primarily to the home,'' Gates said. It was optimistic to think 20 percent of U.S. homes would have a fast Internet link within four years, Gates said. ``That is an area where progress continues to be very slow,'' Gates said.