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Technology Stocks : TII INDUSTRIES

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To: Tom Murphy who wrote (53)8/9/1998 8:17:00 AM
From: Bobb  Read Replies (1) of 62
 
Patience.

It could take a long time before they demonstrate the product to the satisfaction of a client like AT&T. You can just imagine the number of committees such a contract must clear. Just as importantly, no major purchases from that corner will likely occur until the merger with TCI is completed. That's months away.

Those bold statements may or may not bear fruit. It depends on market conditions and on the existence of competing products, but cable based internet connections do seem to be the wave of the future. They can support a wide bandwidth, the infrastructure is mostly in place, and for AT&T it gives them their much coveted entry into the local phone business.

One final note: Everything but everything with small caps is hurting right now.

Bobb.
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