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To: Jay Lowe who wrote (5629)	2/21/1999 9:56:00 AM
From: Frank A. Coluccio	Read Replies (2) \| Respond to of 29970

OT - VoIP Technobabble >I'll pay attention when I can snip parts of a saved conversation and forward them to my partners via email ... just for starters. < This application will have some very substantial impacts on the technology of the dealing desk in the securities trading industry. For the uninitiated, many classes of broker and dealing functions are under regulatory guidelines (and some under individual house compliance mandates) to record all voice transactions that take place during the work day. Along with these there are the mandates to ensure that the other party on the line is notified that their call is not private, and that they are being recorded. But you (folks) already knew that... At the current time, most voice trading desk recordings are still of the electro mechanical tape drive class due to the high efficiency that has historically been associated with it. You've also touched on a very interesting legal matter that will undoubtedly play itself out in the broader context, as well. That being the requirement of notification and prompts. Will you provide the other party on the call, as a non-securities- related businessman, or as a private citizen during the off work hours even, the requisite notification and beeps every 15 seconds to remind them that the contents of their conversation and that their voiceprints are being recorded?

To: Jay Lowe who wrote (5629)	2/21/1999 11:02:00 AM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 29970

OT - VoIP Technobabble - Part II Jay, >Unintegrated. POTS emulation. Boring.< Perhaps it will be boring from a technical enthusiast's perspective, but it will be widespread and pervasive at the same time, nonetheless. VoIP constructs will be in place before you know it, and without you knowing it, in the carriers' own POTS/PSTN [public switched telephone network] architectures, as they position themselves for the end game. What will it matter to you if they use TCP/IP in their Inter-machine Trunks (IMTs), instead of switched T-1s? Will you be able to tell the difference? By the time they begin their implementation of these in earnest, you won't be able to tell the difference. For anyone who may be interested, you can take a brief look at what IMTs are used for in another post in the VoIP thread. The post does not specifically address VoIP IMTs at this time, rather, it was in response to a general question concerning normal (even more boring) POTS. But the same general principles will apply in the initial VoIP POTS emulation stages, as you stated here, as well. Message 7913083 You may have already used VoIP in a hidden context before, without even knowing about it, if you've ever made a call overseas using a prepaid card by one of the upstart discount players. While I'm babbling, you made another point in some of your posts that I'd like to comment on. And that is, in general terms if I may, that the "always on" feature that will be associated with the PC version of VoIP will present some awkward circumstances for users, and that it will be more acceptable to those who receive the most pleasure through aural gratification, than those who simply want to get their message across either the old fashioned way, or by email. I walk around every day with a PCS/Cellular phone that is always on. The desktop set that I use is always on, and is often forwarded to a client site when I'm not in my office. Roaming capabilities, aided by intelligent networking principles of the old type (AIN/SS7), soon to include IP (and eventually integrated where not supplanted by) routing functionality. Folks who do not want these features will not be pressured into using them for at least another ten years, when they will be standard features on every appliance. There are old-timers who still pooh-pooh touch-tone as a new-fangled contraption and will not communicate with an IVR-based robot to this day, on general principles. Instead, they prefer the look and feel of an eight-pound, lead-based, black rotary tel set on their phone pedestals in the home (remember those?) as we speak, or type, as it were. I know a master builder of relational data bases who still feels this way about his home device. It took him a while to get used to Windows and mousing (he said it wasn't natural to communicate that way; "What's wrong with the old text based interface anyway?" he once asked me, circa 1994). Someday he'll come around to touch-tone in the home. Probably when end-office switches no longer support battery-interrupted rotary dial operation. But for now, he has a choice. Choice is a large part of what VoIP is all about, as well. Regards, Frank Coluccio