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To: JRH who wrote (64475)	9/9/1998 5:37:00 PM
From: freeus	Read Replies (1) \| Respond to of 176387

Great News once again, Thanks. Freeus

To: JRH who wrote (64475)	9/9/1998 5:54:00 PM
From: D.J.Smyth	Respond to of 176387

JRH, from the same Forbes, an article from Peter Drucker as to why the computer becomes a more important tool moving forward. many of Druckers works are required reading in all mba programs forbes.com the basic premise of the article is that for the first forty years computers were used to analyze information from within a company. he states for the next X years computer's primary use will be to gather information outside our personal and/or company sphere; the latter requiring greater system use than the former, i.e., bottom line demand for computers will increase as they fill both functions/needs (a) analyze/store information from within the person/company sphere and (b) analyze/store information outside the person/company sphere. computers to date (prior to the internet) were used primarily for (a)

To: JRH who wrote (64475)	9/9/1998 6:25:00 PM
From: D.J.Smyth	Respond to of 176387

17:20 DJS Clinton Advisor Says 33% Of U.S. Growth Is Coming From Internet 17:20 DJS Clinton Advisor Says 33% Of U.S. Growth Is Coming From Internet LONDON -(Dow Jones)- Presidential advisor Ira Magaziner said Wednesday that one third of U.S. economic growth is coming from building out the Internet. He also told the Wall Street Journal Europe's CEO Summit on converging technology that the information-technology explosion is providing 45% of current U.S. investment as well as reducing inflation by one third to an annual rate of 2.1%. Magaziner, senior advisor for policy development, also forecast that annual U.S. on-line business-to-business commerce will balloon to $300 billion by 2002 from $6 billion in 1997. He also predicted that Internet growth both in the U.S. and globally will accelerate. He said, however, that the expansion is creating problems, including the lack of a predictable, global legal environment, and the possibility that the government may lean towards overregulation and overtaxation. Magaziner acknowledged that the quick pace of Internet growth far exceeds the speed of government policy processes. Government policy, he advised, must be technologically neutral as well as limiting regulations to precise, narrow areas of intervention. Magaziner recognized the need to deal with Internet issues concerning tax, privacy, crime and pornography, but warned about slowing the Internet's impact on expanding economic growth. "What we have to do is make sure that our concerns about these other issues doesn't stifle the Internet's growth potential for our people," he said. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved. 09/09 5:20p CDT