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Helping push for the free-trade area are America's high-tech firms. "Five hundred million people live south of Texas, but only 100 million of them have phones in their homes, and only 17 million have personal computers," says Michael Maibach, a vice president at chipmaker Intel. One reason: tariffs on computer and telecom equipment range as high as 30% in some Latin American countries. Telephone regulations also keep Internet fees high. Phone companies like BellSouth and WorldCom are eager to expand in the Latin American market. Bell Canada International works in Mexico and four South American countries...

Author: /time Magazine | Title: Beyond NAFTA: Oranges For Bulldozers | 4/9/2001 | See Source »

...TerraLink Technologies (www.terralink.ru) sells its software development and engineering services both at home and abroad. There are 5,000 to 8,000 professional programmers in Russia, generating revenues of $60 million to $100 million a year - a number that is growing 40% to 60% annually. Clients include Boeing, Intel, Motorola, Nortel and Sun Microsystems. But very few Russian companies meet international quality standards and even fewer have track records in the West...

Author: /time Magazine | Title: High Tech, Hard Sell | 4/2/2001 | See Source »

...this year's earnings than they did even before the slide. So they still look expensive. But that's because near term earnings assumptions are falling faster than the stock price. If the earnings slump is temporary, as it most likely will be for blue-chip firms like Intel and Microsoft, the near term outlook should be ignored if you are a long-term investor. A better metric is the expected five-year growth rate...

Author: /time Magazine | Title: The Stock Market: Zap! | 3/26/2001 | See Source »

...fair, Yahoo's news was just one act in the carnival of carnage that was high tech last week. Cisco and Intel predicted big revenue drops and job cuts, a combination that set the nasdaq up for a 5.3% fall on Friday. The index is off 59% from its peak, reached a year earlier. Even the good news hurt--unemployment was stable but wages grew, undermining the Street's expectation that the Federal Reserve will deliver a big interest-rate cut later this month...

Author: /time Magazine | Title: Yahoo Lowers The Net | 3/19/2001 | See Source »

...equipment providers like Lucent and Nortel, are picking up the same lines. "Our 800 number is just a continuous, live beta test," says Amol Joshi, co-founder of BeVocal, a Silicon Valley start-up that partnered with Qwest Wireless to launch its own portal. "We want to be the 'Intel inside' for phone companies...

Author: /time Magazine | Title: Net Net: Dial Tone 2.0: The Phone Talks Back | 3/19/2001 | See Source »

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