To: drmorgan who wrote (16573 ) 7/9/1998 2:19:00 PM From: Moonray Respond to of 22053
Home Networking Will Become a $4 Billion Market Opportunity in 2002, Analyst Says - 12:50 p.m. Jul 09, 1998 Eastern LOS ANGELES--(BUSINESS WIRE)--July 9, 1998--"The convergence of networking, computing and consumer electronics technology will create a new multi-billion-dollar market of information and entertainment devices and services for the home beginning in 1999," according to an analyst covering this emerging-growth sector. John W. Todd, vice president of Research at Wedbush Morgan Securities in Los Angeles, has issued the first in a series of reports titled, Home Connectivity -- The Next Frontier, which will examine those companies, public and private, which he believes will have the best opportunity to participate in this new market opportunity. The first report in the series focuses on the market for home networks. Todd believes that the providers of the home network will be well positioned to exploit not only a $4 billion network market opportunity in 2002, but also future product and service revenue as the market continues to expand. The report examines the evolution of the home-networking market, projected growth forecasts, the technologies involved, and the competitive strategies of the various market participants. Todd's report highlights a total of 23 companies (13 public and 10 private) in the home networking market. The public companies included are: Proxim (PROX), Microsoft (MSFT), 3COM (COMS), Lucent Technologies (LU), IBM (IBM), Intel (INTC), Telxon (TLXN), Cisco Systems (CSCO), Bay Networks (BAY), Cabletron Systems (CS), Compaq (CPQ), Raytheon (RTN) and Symbol Technologies (SBL). To find out about receiving a copy of the report, contact a Wedbush Morgan sales representative. o~~~ O