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

To: Moonray who wrote (12199)	1/30/1998 12:56:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 22053

Alert: Privatization proposed for Internet United Press International - January 30, 1998 12:27 %WASHINGTON %US %INTERNET V%UPI P%UPI WASHINGTON, Jan. 30 (UPI) - The Clinton administration is proposing that the government turn operation of the Internet over to a private, non-profit corporation, reflecting the computer network's growing role in business and personal communications. The plan would also create new classes of Internet addresses to join the familiar ''.com'' and ''.org.'' Under a proposed rule announced by the Commerce Department today, Internet policy and operations would be controlled by the new corporation after a two-year transition period. Privatization of the global computer network answers complaints from many quarters, including international users opposed to U.S. government control and businesses wanting protection for their trademarks. The administration of Internet addresses, now in the hands of a single contractor, would be opened up to competition. Some critics say that should reduce the price of registering an online address, which now costs $50 a year. The proposal calls for creation of five new domain names in addition to the widely used .com, .org and .net. The Commerce Department did not specify what the new domains should be. A group of Internet users suggested seven new domains: .firm for businesses; .shop for online retailers; .web for sites related to the World Wide Web; .arts for cultural sites; .info for information services; .rec for recreational activities; and .nom for individuals. The Internet was created to connect researchers affiliated with government agencies. But today, the Commerce Department said, it ''is rapidly becoming an international medium for commerce, education and communication.'' -- Copyright 1998 by United Press International. All rights reserved. --