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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: dhellman who wrote (147372)	11/11/2001 12:05:21 PM
From: Tony Viola	Read Replies (2) \| Respond to of 186894

Re Banias, Local development efforts are based on estimates that the main growth in upcoming years will be in providing wireless communications solutions between the computer and the high-speed network that will connect the user to the Internet. To provide high-speed Internet services, access points - wireless transmitter-receivers that operate in a 300-meter radius and which carry transmissions between the computers and the Internet - have to be installed in many places. Intel's goal is to have a controlling share of the market in this field. To this end, the company will supply the chips to both portable computers with the wireless Internet connection and to the access points that will be installed in businesses, organization offices, public buildings, educational institutions, gas stations and any other place where people congregate. This is why the Israeli team is also developing the chips that will be installed in the fixed access points. So Intel is trying to establish themselves as the access point gorilla as well as the notebook gorilla. A market survey conducted by Intel revealed that portable computer users are interested in a thin, lightweight computer with a wireless connection to the Internet from anywhere and from any building in the world. Any building in the world; that's a lot of access points. Current versions of the "access points" are small, modem sized boxes that mount on a wall near the ceiling in a corridor. One can actually serve a few buildings, like the 300 meter radius suggests. Sounds like a very ambitious overall plan. Tony