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To: TobagoJack who wrote (265046)	10/29/2003 6:23:57 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

29/10/2003 12:10 New processor by Israeli company computes at speed of light By Reuters Israeli start-up Lenslet has developed a processor that uses optics instead of silicon, enabling it to compute at the speed of light, the company said. The company said its processor will enable new capabilities in homeland security and military, multimedia and communications applications. "Optical processing is a strategic competitive advantage for nations and companies," said Avner Halperin, vice president for business development at Lenslet. "Processing at the speed of light, you can have safer airports, autonomous military systems, high-definition multimedia broadcast systems and advanced next-generation communications systems." An optical processor is a digital signal processor (DSP) with an optical accelerator attached to it that enables it to perform functions at very high speeds. "It is an acceleration of 20 years in the development of digital hardware," Lenslet founder and Chief Executive Officer Aviram Sariel told Reuters. The processor performs 8 trillion operations per second, equivalent to a super-computer and 1,000 times faster than standard processors, with 256 lasers performing computations at light speed. It is geared towards such applications as high resolution radar, electronic warfare, luggage screening at airports, video compression, weather forecasting and cellular base stations. Lenslet said its Enlight processor, unveiled at the MILCOM exhibition in Boston this month, is the first commercially available optical DSP. "Optics is the future of every information device," said Sariel. Jim Tully, vice president and chief of research for semiconductors and emerging technologies at Gartner Inc, said most companies working with optics focus on switching optical signals for telecommunications rather than processing information optically. "I'm not aware of any company that has taken it to the extent of processing optically," he said. Lenslet has raised $27.5 million so far from such investors as Goldman Sachs, Walden VC, Germany's Star Ventures and Chicago-based JKiB Capital. The company's prototype is fairly large and bulky but when Lenslet begins to supply the processor in a few months it will be shrunk to 15 x 15 cm with a height of 1.7 cm, roughly the size of a Palm Pilot. "In five years we plan to shrink it to a single chip," project manager Asaf Schlezinger said. Tully said one issue is whether this technology can be produced in volume the way silicon chips are made. "Because semiconductor manufacturing technology is well developed, you can produce millions at quite low cost," said Tully, who is not familiar with Enlight. Lenslet said its processor will be competitive in price with a multi DSP board.

To: TobagoJack who wrote (265046)	10/29/2003 4:47:03 PM
From: Mark Adams	Read Replies (2) \| Respond to of 436258

recommending that we borrow Squanderville Dollars to invest in Thriftville and Squanderville land. If we use Japan as an example of Thriftville in the late '80s, then we may ask: "How did that work out for them?" Buffet's use of the island example is welcome story, a simplification to aid in understanding. It's not unlike one I worked up, which shows how the increase in savings by squanderville and resultant pay down in debt to thriftville reinforces the deflationary spiral some have expressed concern about. I loath being on the opposite side of the table of the likes of him, Faber, Rogers, and Templeton, but that is where I find myself. I suppose reading all those books about how the US was going to he** in a handbasket during the '80s helped immunize me a bit to TEOTWAWKI.