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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: David Hansen who wrote (21471)1/19/2004 4:19:19 PM
From: David Hansen  Read Replies (1) | Respond to of 21876
 
Nanotech and LU

From Saturday's issue of The Economist:

When [U.S. President] George Bush signed the National Nanotechnology Initiative into law last month, he boosted
America's investment in a nascent technology that has been hyped for years. There is talk of a market value of $2 trillion by 2015, from perhaps as little as $1 billion today. David Bishop of the New Jersey Nanotechnology Consortium defines [nanotechnology] broadly as "devices, structures or systems with characteristics, features or parts on a nanoscale" -- that is, less than one billionth of a meter. In America, corporate giants such as General Electric, Motorola, DuPont and Lucent are now pursuing nanotech.