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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: bill c. who wrote (7686)	11/18/1997 9:54:00 AM
From: Curlton Latts	Read Replies (1) \| Respond to of 21342

Congrats to WSTL on getting GTE Communications contract. Now I can go back East to the Ohio State vs. Meatchicken football game and not worry about GT$E. <eom> Good Luck To Each And All Curly ~~~~~~~~~~^^ [6.6] ....> [_]

To: bill c. who wrote (7686)	11/18/1997 10:07:00 AM
From: SteveG	Read Replies (1) \| Respond to of 21342

<A> 3Com Chairman, Internet -2: Sees Promise In ASDL <Westel Tele. isn't Westell... > Ooops... Comments on ADSL/Cable by Benhamou: (note "regulatory difficulties", ie., Supreme Court appeal, reference) =============== The bandwidth issue is on the minds of many industry professionals, because without a major increase in capacity, wide use of new technologies such as video streaming and live videoconferencing won't gain wide public use on the Internet that many predict. 3Com's Benhamou said coming cable modems will go a long way toward relieving data bottlenecks, and he said ADSL, a technology that allows for faster transmission of data over existing copper telephone wires, also holds promise - although there are regulatory difficulties with the telephone companies that own the lines. ASDL is an asymmetrical digital subscriber line. "I think we will see major breakthroughs but the issues (in the way) are not technical," he said. Speaking on the same panel, Visa USA Inc. President and Chief Executive Carl Pascarella said he doesn't think so-called "smart cards," or credit cards with embedded computer chips that contain "virtual" money, will gain wide acceptance in the U.S. in the near future. Visa USA is a unit of Visa International (X.VSA). "To date it's been a very difficult business case to forge" to customers, Pascarella said. "We've taken the approach that you're going to have to have multiple applications" available before U.S. customers would be willing to pay the $2 fee Visa extracts every time they draw $100 to carry around in the card, he said. One of the main stumbling blocks for smart cards has been the relatively low expense of telephone-based services that are currently used to confirm customer information, Pascarella said, and the large investments in those systems already.