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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: zbyslaw owczarczyk who wrote (8239)	12/3/1998 2:10:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 18016

''By working directly with 3Com, leading Internet service providers and their customers, Dell is customizing PCs to match high-speed Internet services that are available today,'' said Carl Everett, senior vice president of Dell Computer Corporation. ''As we integrate fast PCs and fast Internet services, either through cable or DSL technology, the Internet becomes a fast, more robust experience for consumers and small businesses.'' Zbyslaw --- You're right this will help NN. By pushing highspeed solutions at the user end, there will be a higher demand for complementary service at the C/O end --- an incentive the ILECs will find hard to ignore. SBC is actively rolling out service in California and other selected areas, all to NN's benefit. Good post. Pat

To: zbyslaw owczarczyk who wrote (8239)	12/3/1998 3:07:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 18016

While waiting for other news, some interesting stats from NN's target area in China: chinadaily.net <<< Date: 11/29/98 Author: Wang Rong Page: 5 GUANGZHOU _ Rising investment over the first 10 months this year has made the authorities in South China's Guangdong Province hopeful the target of 10 per cent growth in gross domestic product this year can be reached in spite of the Asian financial crisis. From January to October, Guangdong's GDP grew by 9.9 per cent to 632.4 billion yuan (US$76.18 billion), according to statistics from the Guangdong Statistics Bureau (GSB). Gross industrial output by State industrial enterprises and enterprises with yearly sales volume of at least 5 million yuan (US$602,000) rose 13.2 per cent to 744.27 billion yuan (US$89.67 billion). Added value produced by this sector amounted to 195.72 billion yuan (US$23.58 billion), rising 11.2 per cent. Commodity retail volume added up to 262.19 billion yuan (US$31.59 billion), up 10.6 per cent from a year earlier. Taking inflation into account, this growth reached 13.9 per cent. "Much of the credit should be given to the rise in investment during this period," said the GSB report. From January to October, investment in fixed assets went up by 18.3 per cent to 133.17 billion yuan (US$15.04 billion), excluding investment by villages and individuals. Experts from GSB said the acceleration of growth demonstrates the impact of a series of measures taken by the government this year. The measures include increased investment to stimulate domestic demand, the campaign to stamp out smuggling, and favourable policies for exporters. However, the Asian financial crisis has undermined the region's foreign trade. During the first 10 months of this year, Guangdong's export volume expanded by only 3.5 per cent to US$62.29 billion, although it still accounted for over 40 per cent of the national total. Import business increased only by 0.8 per cent to US$43.92 billion. Meanwhile, Guangdong has maintained stability in finance, although great concern was aroused by the closure of the debt-stricken Guangdong International Trust and Investment Corporation. From January to October, provincial fiscal revenues grew 16.9 per cent to 50.6 billion yuan (US$6.1 billion), while expenditure was up 16.6 per cent to 54.63 billion yuan (US$6.58 billion). By the end of October, savings in the province's financial institutions had risen 12.8 per cent to 1.28 trillion yuan (US$154.7 billion). >>>

To: zbyslaw owczarczyk who wrote (8239)	12/3/1998 3:40:00 PM
From: pat mudge	Respond to of 18016

More China-related news, this time from GTE: >>> GTE and Chinese News Agency, China Internet Information Center, Sign Internet Development Agreement Business Wire - December 03, 1998 15:03 IRVING, Texas--(BUSINESS WIRE)--Dec. 3, 1998-- Marking the First Time China Has Enlisted the Internet Development Services of a Foreign Telecommunications Company GTE today announced it has signed a three-phase agreement with China Internet Information Center (CIIC) of Beijing for long-term cooperation on Internet-related services, marking the first time China has entered into an agreement with a foreign telecommunications company for Internet-development services. CIIC, which is headquartered in Beijing, is China's largest Internet-based news service. It has received more than 20 million visits from Internet users in more than 80 countries. Its primary Web site has 12 subdirectories that provide up-to-date information in English and Chinese on a variety of subjects, including China's economic development programs and Chinese enterprises. "Today's agreement will allow CIIC to more easily provide information about China to Internet users in North America and Europe using GTE's advanced network," said Bruce Linton, vice president of sales and marketing for GTE Internetworking Services. "CIIC selected GTE because we offer a full array of integrated Internet services and complete network solutions. GTE draws upon the expertise of our BBN Technologies division, which many regard as the 'father' of the Internet. The agreement demonstrates China's commitment to the Internet and GTE's commitment to working with local partners such as CIIC to contribute to the development of telecommunications in China," Linton said. During the first phase of the agreement, GTE Internetworking, a unit of Irving, Texas-based GTE Corp., will provide Web-hosting service to CIIC in one of GTE's high-performance Internet data centers. Information supplied by CIIC will be disseminated by GTE Internetworking at its facility in Cambridge, Mass., and put on GTE's Web server. GTE will also provide training for CIIC personnel in Web site design, operation and input at a GTE facility in the United States. During the second and third phases of the agreement, GTE will provide advanced features and services to CIIC such as Web page design and editing support to help CIIC better present its content on its Web page for American readers. GTE also will offer assistance in developing a database-based Web site to accommodate the growth of CIIC's Web site. GTE has a representative office in Beijing and operates a joint venture with Guangzhou Guantong Resources company that supports wireless telecommunications throughout China. GTE also supports educational programs at the Beijing University of Posts and Telecommunications. With 1997 revenues of more than $23 billion, GTE is one of the world's largest telecommunications companies and a leading provider of integrated telecommunications services. In the United States, GTE provides local service in 28 states and wireless service in 17 states; nationwide long-distance and internetworking services ranging from dial-up Internet access for residential and small-business consumers to Web-based applications for Fortune 500 companies, as well as video service in selected markets. Outside the United States, the company serves more than 7 million telecommunications customers. GTE is also a leader in government and defense communications systems and equipment, directories and telecommunications- based information services, and aircraft-passenger telecommunications. Additional information about GTE can be found on the Internet at gte.com >>>