DSL Companies Will Meet With Buy-Side Analysts
DSL Investor Conference Set for February 23rd in New York City
NEW YORK, Feb. 3 /PRNewswire/ -- The leading DSL service providers, equipment suppliers and technology firms will meet in a closed session with buy-side analysts on February 23rd at The Plaza Hotel in New York. Presenting DSL firms include Aware, Inc. (Nasdaq: AWRE - news); Copper Mountain Technologies, Inc. (Nasdaq: CMTN - news); DSL.net, Inc. (Nasdaq: DSLN - news); InterSpeed; (Nasdaq: ISPD - news); mPhase Technologies, Inc. (Nasdaq: XDSL - news); Netopia, Inc. (Nasdaq: NTPA - news); NorthPoint Communications, Inc. (Nasdaq: NPNT - news); Rhythms NetConnections, Inc. (Nasdaq: RTHM - news); SBC Communications (NYSE: SBC - news); and Westell Technologies, Inc. (Nasdaq: WSTL - news).
A key objective of the conference will be to, ``familiarize institutional investors with the rapidly evolving landscape in the DSL market', said Milton Puryear, Managing Director of NOVA Research, Inc., the conference sponsor. ``The massive growth of the broadband wide area network over the last five years has heightened the urgency for 'last mile`` broadband deployment. The growth rates of ADSL and SDSL, in particular, far exceed those of cable, ISDN and T1 (HDSL) connections. Overall DSL deployments are growing at 300% annually compared to 60% for cable modems.'
``Demand is exceeding forecasts by as much as 100%,' said Puryear. ``Gartner Group's forecasts of DSL customer premise equipment units in 2000, 2001, 2002 and 2003 were 2.2 million, 3.9 million, 6.4 million, and 9.8 million respectively. Dataquest forecast 2.9 million total DSL chip sales in 1999. As of November 1999 actual chip shipments were over 3.8 million.'
According to DSL Investment Opportunities, a market research report published by NOVA, ``Not yet in anyone's forecast are Korean Telecom's plans to have 1 million lines in service by the end of 2000. The international market promises to be similarly robust.' The market study and NOVA's fundamental company reports on DSL market leaders will be provided to conference participants.
About NOVA
NOVA Research provides fundamental research on market leading companies in emerging information technologies. The company holds small conferences focused on narrow industry segments, so attendees come away with an intensive top-down view of the space and close interaction with management teams. NOVA held a conference on the Enterprise Application Integration (EAI) market in September 1999.
SOURCE: NOVA Research |
