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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Jeffery E. Forrest who wrote (9565)	11/20/1997 10:58:00 AM
From: Moonray	Respond to of 22053

Asia Must Invest More in Information Technology, Grove Says San Francisco, Nov. 20 (Bloomberg) -- Intel Corp. Chairman and Chief Executive Andrew Grove plans to tell a group of top Asian officials that they need to increase investment in information technology, as they risk a long-term economic slump if they don't, the Wall Street Journal reported. An analysis by Intel shows that Asian countries on average spend about 1 percent of their gross domestic product on computers and telecommunications equipment, or one-third to one-half the rate of some European nations and the U.S. Some Asia observers dispute Grove, saying the key issue was the quality of investment in information technology, not the amount, the paper reported. Grove will deliver the keynote address at this week's Asia Pacific Economic Cooperation summit in Vancouver, British Columbia, where President Clinton and leaders from Asia and the Pacific region will discuss trade and other economic issues. o~~~ O