02.11.02
Wall Street Journal
by Don Clark
Tech Innovation Thrives, Despite Stock Market Blues
Chip for Cheaper Digital Camera, Cellphone Tower on Balloon Will Deubt at Demo Show
Page B1
Despite a significant plunge
in venture-capital funding, and spending cuts by big corporations,
scientists and entrepreneurs are still improving hardware,
software and technology-based services at a frantic rate. New
evidence will emerge today in Phoenix, at an annual conference
called Demo that helped launch many Internet-based companies
in the 1990s. Though some exhibitors from past shows are no
longer in existence, there is no shortage of business ideas
this year.
Among them:
• Space Data Corp., of Chandler, Ariz., will propose floating specially
equipped weather balloons to bring wireless communications to remote areas.
(Copyright (c) 2002, Dow Jones & Company, Inc.)