Ms. Jaegers: Since my background has been in telecom services for the last 20 years, what I try to do with moving out into Internet services is to pick up a lot of the companies that are the building blocks of various telecom services. So my coverage so far is on the data centers - I cover Savvis currently - and the content distribution networks, so Akamai and Limelight are in that area, plus part of Level 3.
TWST: Is there one trend you would point to as the one that may have the biggest impact in 2010?
Ms. Jaegers: I think over-the-top video viewing is going to continue to be a very, very strong trend. It was starting to pick up in the last few years, and you're seeing companies like hulu.com put a lot of television programming on the Internet. What I've found over the years is that once technology allows a service to happen, it's very hard for the entrenched competitors, like the media companies in this example, to suddenly slam the brakes on over-the-top viewing and to control its growth. At CES there were a lot of Internet-ready televisions on display. Right now you have a lot of consumers that are hard-hit by the economy, trying to save money and looking at ways that they can see the television shows that they want over the Internet instead of having to pay a cable bill or a satellite provider. I think that trend will continue to happen.
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