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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (3692)	5/12/1999 3:56:00 PM
From: Frank A. Coluccio	Respond to of 12823

Thanks, Mike. I recall the headlines in the torent of mail that NW sends out each day, and may have even posted it with the intent to come back to it. Don't recall. In any event, from reading it, it appears that there was in fact a different motivational cause for the pulling back than the one I was discussing with Ken: "Cisco designed the TGX 8750 to let users scale routing to terabit speeds and to bring OC-48c switching to the core "at a price that leads the industry," according to a Cisco press release -$60,000 per OC-48c switch and $45,000 for channelized OC-48... Proctor says Cisco killed the switch because the company couldn't build the product to come in at those promised prices." If Proctor is correct, then they pulled back because the failed to properly assess the costs of the beast, and not for reasons philosophical. Thanks, Frank