Anyone_ HSAC's chart looks good to me. Earnings were strong, market for product is strong. Is this stock depressed because Paul Allen has a large stake in it or something else I'm not seeing?
Chart here: askresearch.com
DENVER--(BUSINESS WIRE)--Feb. 22, 2000--High Speed Access Corp. (Nasdaq:
HSAC), a leading provider of high-speed Internet access via cable modem to residential and
commercial end-users in exurban markets, today announced net revenue of $1,436,000 for the
fourth quarter ended December 31, 1999, an increase of 890% over net revenue of $145,000
generated for the fourth quarter ended December 31, 1998. HSA's residential cable modem
subscribers increased 73% from 9,307 at September 30, 1999, to 16,099 at the end of the
fourth quarter.
As of December 31, 1999, HSA and its cable partners are now able to deliver high-speed
Internet access to more than 1.9 million homes deployed including more than 1.1 million
Charter Communications (Nasdaq:CHTR) cable homes. In 1999, Charter deployed more than
400,000 homes over its original commitment of 750,000 homes with HSA. In total, HSA
currently has the right to offer its services to approximately 2.0 million homes passed under
existing contracts or letters of intent. Homes under contract or letter of intent exclude
approximately 600,000 homes deployed under interim agreements, of which over 400,000
homes are the Charter homes referenced above. |
