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Technology Stocks : First Virtual Corporation (FVCX) -- Ignore unavailable to you. Want to Upgrade?

To: Steve Morytko who wrote (56)	4/1/1999 8:49:00 PM
From: Kaliico	Respond to of 323

Forward change indeed, Webnode.com and FVCX ?.... Thursday April 1, 8:31 am Eastern Time Company Press Release WebNode.com to Sell $4 Billion of Next Generation Internet Nodes to Public SAFETY HARBOR, Fla.--(BUSINESS WIRE)--April 1, 1999--WebNode.com today announced it has have been granted an exclusive contract by the US Department of Energy (DOE) Office of Science (formerly Office of Energy Research) to raise $4 billion in funding for the new countrywide state-of-the-art fiber optic Next Generation Internet (NGI) to replace the existing copper backbone. Webnode.com's contract calls for it to sell 40 million nodes on the NGI to the general public. Each node will carry an initial value of $100. Further details on how to purchase nodes is available on the company's website at webnode.com. Further information on the Next Generation Internet Initiative may be found at iitf.nist.gov. The NGI is being modeled after the $500 million Internet2 and Abilene projects that successfully went live in February. Speeds for the NGI are expected to top 2.4 gigabits per second, which is 85,000 times faster than a standard dial-up modem. Additional information on these projects may be found at internet2.edu.