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To: Mark Kubisz who wrote (4530)	5/14/1998 9:11:00 PM
From: pat mudge	Respond to of 18016

I hope he's right. I don't know SI's rules. It looks as though you have to wait a few days before you can post. Tomorrow's news from Financial Times: <<< ft.com FRIDAY MAY 15 1998ÿÿComputingÿ Internet commerce rules agreed By Guy de JonquiŠres The US and Japan have agreed a set of basic principles for the development of electronic commerce, which the US says will help promote worldwide acceptance of its policies towards the internet. The US is hailing the agreement, which calls for a market-based approach led by the private sector, as a victory in its campaign to persuade Japan to act more aggressively to deregulate its economy. The agreement will be announced when US President Bill Clinton and Ryutaro Hashimoto, Japan's prime minister, meet in Birmingham today before the G8 summit. A joint statement commits the two governments to refrain from imposing unnecessary restrictions on electronic commerce, and to encourage the development of self-regulation by private sector internet users. The agreement calls for no border tariffs to be imposed on international electronic transmissions, and for close co-operation to prevent tax evasion and avoidance on the internet. The statement coincides with a last-minute push by the US to persuade World Trade Organisation members to agree to keep electronic transmissions duty-free, before President Clinton attends the WTO's ministerial meeting in Geneva on Monday. The US hopes its agreement with Japan will place pressure on the European Union to take a more flexible stance in disputes over data protection rules and methods for authenticating electronic transactions. Washington and Brussels are at loggerheads over an EU law, which could require the US to establish statutory rules and set up government regulatory agencies to ensure the protection of personal data. The EU has threatened to prohibit European companies from transmitting electronic data to the US, if it does not comply with the law by October. Data protection in the US is largely provided by self-regulation by the private sector. The US and EU also differ over whether responsibility for authenticating electronic transmission should be left to the private sector or should require government licensing arrangements. The US-Japan agreement also calls for the free flow of information across borders, the use of filtering devices rather than government censorship to protect children against undesirable content and guarantees that internet users will match the levels of consumer protection of conventional commerce. The White House said Japan had agreed to the statement because electronic commerce was a new area, in which there were no vested interests to oppose a market-oriented approach. "Progressives in the Japanese government and industry hope that this agreement will be a model for the future," it said.>>> Later -- Pat

To: Mark Kubisz who wrote (4530)	5/14/1998 9:19:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 18016

More from tomorrow's Financial Times: ft.com FRIDAY MAY 15 1998ÿÿComputingÿ EUROPE: Companies cash in on web By Paul Taylor in London Nearly a quarter of European companies with access to the web are already earning revenues through the internet, according to the preliminary findings of a new Mori study into the growth of electronic commerce in Europe. The study, commissioned by Cisco Systems, the worldwide leader in networking equipment, suggested European companies have begun to recognise the importance of the internet for their businesses and to close the gap with their US counterparts. The survey was based on interviews with 900 business directors in six European countries - UK, Germany, Italy, Spain, the Netherlands and France - from a cross section of large, medium and small companies. Overall, 60 per cent of companies now have access to the internet, with 20 per cent planning to gain access within the next 12 months. Almost half those questioned thought adoption of electronic commerce will be important to their industry and 60 per cent expect the amount of business they do online to rise next year. On average, these companies predicted an annual rise of 24 per cent in electronic commerce. Most companies expected the volume of orders that they take over the internet to grow substantially this year and thought ideally 30 per cent of their business should be undertaken electronically in the future. Somewhat surprisingly, the survey also revealed Spain is leading Europe in the adoption of electronic commerce with 46 per cent of companies with web access already conducting business over the internet. Spain is followed by France (33 per cent) and Germany (20 per cent) while the UK, Netherlands and Italy appear to be lagging. Among those companies already involved in e-commerce, 58 per cent claimed to be making savings as a result with gains in productivity cited as the biggest benefit. "Our own experience has shown significant savings can be made using the internet," said Richard Freemantle, in charge of Cisco's Northern European operations. Among the other findings, Spanish and UK companies lead in provision of customer service over the internet while the UK and the Netherlands lead in using the internet for recruitment. >>>

To: Mark Kubisz who wrote (4530)	5/15/1998 12:43:00 AM
From: MR. PANAMA (I am a PLAYER)	Respond to of 18016

He is absolutely right . I have had NN contacted since the QTR ended( about 6 times just to be sure ) and they have said that IF there were to be a disappointment then they would have released that within the first "2" business days following the qtrs end. We are mid may now so make your own logical inferences. This is one of the easiest stocks to day trade and end up flat on the day. GRIM......Softly Spoken but Daytrading with as much info at his disposal...100 dollars worth of long distance calls is worth much much more with the right info....Good Luck all