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

To: DMaA who wrote (10053)	12/3/1997 4:56:00 PM
From: Wayne Lian	Respond to of 22053

>>Perhaps a model for Eric B. to follow if the current inventory adjustment scheme doesn't pan out from today's WSJ: A Last Waah? For Japan's Crybabies By HOLMAN W. JENKINS JR. Not even the prospect of the world economy disappearing down a Japanese sinkhole could take anything away from the spectacle of Shohei Nozawa, president of Yamaichi Securities, weeping and bowing like a runaway float in the Macy's parade, proclaiming it was "all my fault." << I like this one. I have been wondering who should take the responsibility for this inventory mess. It is no doubt for me that E. Benhamou is the most guilty one. Afterall, he jumped into the USR merger. USR stuffed its channels up to the roof before selling itself out to COMS. Nice try Casey Cowell! And E.B. was so stupid to be fooled. He has no business sense. Wayne

To: DMaA who wrote (10053)	12/4/1997 8:26:00 AM
From: Moonray	Respond to of 22053

****Modem Players Meet To Discuss 56Kbps Standard Newsbyte News Network Wed, Dec 03 1997 ORLANDO, FLORIDA, U.S.A., 1997 DEC 3 (NB) -- By Grant Buckler, Newsbytes. Major makers of 56 kilobits-per-second (Kbps) modems are meeting here this week to talk about a standard for the high-speed technology. Such a standard would bridge the divide between the x2 design backed by 3Com Corp. and the K56flex architecture supported by Lucent Technologies Inc. and others. A committee of the International Telecommunications Union (ITU) has been working on standards for the high-speed pulse code modulation (PCM) modems since March. Charlie Hartley, a spokesman for Lucent Technologies, told Newsbytes that if the current meeting succeeds in hammering out a draft proposal, the committee will vote on that proposal at a meeting in Geneva at the end of January, and could ratify it in September or even earlier. Hartley added that while the ITU traditionally does not ratify a standard at the same meeting as it votes on the draft proposal, if a draft proposal is approved in January the modem vendors will probably begin immediately to build modems that comply with it, so modems that meet the new standard could be on the market in February or March. Final ratification will be essentially a formality, Hartley said, adding that, while there is definitely a meeting scheduled for September, an earlier meeting at which the standard could be ratified is also a possibility. The 56Kbps modems started coming to market more than a year ago, and manufacturers quickly divided into K56flex and x2 camps. At present, a K56flex modem will not work with an x2 modem or vice versa. As these modems achieve their top speeds only when connecting to Internet service providers (ISPs) or online services able to support them (and then only for downloading), customers of such services have essentially had to base their buying decisions on which technology their ISP or online service adopted. Reported By Newsbytes News Network: newsbytes.com (19971203/Press Contact: Charlie Hartley, Lucent Technologies, 908-508-8226, e-mail cjhartley@lucent.com; Michael Jacobs, Lucent Technologies, 908-508-8225, e-mail mejacobs@lucent.com /56KBPS/PHOTO) (Copyright 1997) _____via IntellX_____ Copyright 1997, Newsbyte News Network. All rights reserved. Republication and redistribution of Newsbyte News Network content is expressly pr ohibited without the prior written consent of Newsbyte News Network. Newsbyte News Network shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon. o~~~ O