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Dotcom failures don't spell doom for all high-tech companies, says Intel executive.

TELECOMWORLDWIRE-6 April 2001-Dotcom failures don't spell doom for all high-tech companies, says Intel executive (C)1994-2001 M2 COMMUNICATIONS LTD http://www.m2.com

The recent collapse of numerous Internet companies proves nothing other than that bad ideas will fail, according to Intel executive vice president Sean Maloney.

Despite the financial struggles of many dotcom companies and slow PC sales, Maloney believes that the Internet and PCs still hold great promise, according to Reuters.

Maloney has described the last 12 months as 'the world's biggest hangover after the world's biggest party' and pointed out that the PC is likely to remain popular as long as new technologies are developed that make it easier to use.

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Title Annotation:Industry Trend or Event
Comment:Dotcom failures don't spell doom for all high-tech companies, says Intel executive.(Industry Trend or Event)
Publication:Telecomworldwire
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 6, 2001
Words:139
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