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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Kenneth E. Phillipps who wrote (6394)2/12/2000 10:05:00 AM
From: Gary R. Owens   of 12823
 
"freeXDSL TM offers members world class ADSL Internet service TOTALLY FREE OF CHARGE, plus you get free installation (if required), a network interface card (DSL Modem, standard if required), and friendly technical support too.

Fast ADSL speed is freeXDSLTM. We let you speed across the web at a standard speed of 384k (expandable to 7meg max)

Complete E-Mail Services is freeXDSLTM. You get all the reliability and fast E-Mail services that you would expect from an Internet industry leader.

24 Hour Technical Support 7 Days a Week is freeXDSLTM. Unlimited technical support from friendly and skilled instructors/technicians.

REGISTER ON-LINE NOW!!!

HOME"

freexdsl.com

I'm trying to read through the legalese to figure out why this sound too good to be true. Is this the catch?

freexdsl.com

12.0 - AUTHORITY TO PROVIDE LOCAL OR LONG DISTANCE PHONE SERVICE, "CABLE" TV SERVICE

If, at any time during the term of this Agreement, SMART is authorized, with Federal or State authority approval if necessary, to offer and provide local telephone service as a Local Exchange Carrier, long distance or "cable" TV service as a long distance telephone or "cable" TV service provider in the location in which MEMBER desires to receive freeXDSL(TM) SERVICE, and SMART is able to offer and provide such service to MEMBER, MEMBER hereby agrees to allow SMART to provide MEMBER with such service at the applicable tariff or published rate for such service if the rate is no more than the rate currently being paid by MEMBER to the existing Incumbent Local Exchange Carrier or other provider currently furnishing any such service to MEMBER. In any such case, MEMBER'S existing incumbent local exchange carrier will continue to maintain the lines between MEMBER'S location and the telephone company's central switching office as they do currently as prescribed by law.

Thoughts anyone?
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