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Technology Stocks : VocalTec (VOCL) -- Ignore unavailable to you. Want to Upgrade?

To: STK1 who wrote (1676)	7/26/1998 2:41:00 AM
From: Ariella	Respond to of 2349

A VOIP online research area has started....http://www.launchingpad.com/

To: STK1 who wrote (1676)	7/28/1998 9:17:00 AM
From: David Wiggins	Read Replies (1) \| Respond to of 2349

Silicon Alley eyes Internet telephony Internet seen generating $1 billion in calls this year By Steve Gelsi, CBS MarketWatch Last Update: 04:51 PM July 27, 1998 Also se Media Report NEW YORK (CBS.MW) -- Known more for advertising and music retailing, New York's Silicon Alley is now buzzing over a potential $1 billion market this year for Internet-based phone calls. Breaking News Dow rebounds to close up 1 percent Ericsson sees cell-phone red flag AT&T, BT link -- Bell Atlantic and GTE next? Tech stocks rebound GM, UAW seen closer to ending strike More top stories... CBS MarketWatch Front Page CBS MarketWatch Columns Updated: 7/27/98 9:00:46 PM ET The topic was a focal point for the 200 Internet professionals at the Silicon Alley Reporter's Rising Tide Summit in New York on Monday. ITXC, a private, New Brunswick, N.J. wholesaler of Internet phone service earlier this year, took center stage as CEO Tom Evslin said web telephony may soon reach mass consumer use because it can save money, and it doesn't require a computer. The AT&T (T)-British Telecom (BTY) merger will have little impact on the consumer Internet telephone business because "it's two obsolete networks that are merging," Evslin said. "It still leaves a problem of bringing their networks up to date." Building high speed Internet networks to carry voice and data has been a stated objective in AT&T's merger with TCI (TCOMA) and its venture with BT. Other deals bringing telephone companies closer to the new technology include Nortel's (NT) purchase of Bay Networks (BAY). Flatiron Partners Silicon Alley venture capital firm Flatiron Partners invested in ITXC in anticipation of strong growth. "We firmly think that the Internet protocol will be the dominant phone protocol on a worldwide basis," said Jerry Colonna, managing partner, Flatiron Partners. "We felt we needed to have an investment in that segment." Silicon Alley, an informal name for Internet-oriented startups in and around New York City, has drawn investor attention for other ventures -- music retailing firms such as N2K (NTKI) or online ad agency CKS Group (CKSG). "Now, Silicon Alley entrepreneurs will do well to focus their product and services at the emerging Internet telephony market," said Abhi Chaki, analyst with Jupiter Communications of New York. Some New York area companies already in the telephony business include ITXC, IDT Corp. (IDTC), Vocal Tech (VOCLF), and Delta Three, a unit of RSL Communications (RSLCF). But there's room for more software and service providers, in addition to existing network and technology specialists, he said. Lucent Lucent Technologies (LU) switching and access system Vice President Eric Sumner Jr. said web-based phone calling may reach $1 billion this year. Lucent, which sells "gateway" equipment to connect the Internet to phone networks, is eyeing greater sales by providing technology for Web-based communication services. "The synergy between a new generation of speech recognition phones and Internet telephony is very attractive," Sumner said. "It can lead to new services." Regards, Dave