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

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To: MikeM54321 who wrote (4084)	6/7/1999 1:19:00 PM
From: Bernard Levy	Read Replies (1) of 12823

Hi Mike: If I remember correctly, AOL struck a deal with Hughes a few weeks ago. With respect to terrestrial wireless, keep in mind that WCII, TGNT, ARTT, NXLK all serve business customers, not residences. Note that broadband wireless services are unregulated (no monopoly exists), so AOL will never be able to get a judge to open this market for them. I can only speculate why AOL has not yet forged an alliance with a broadband terrestrial wireless company, but the reasons are probably: a) broadband terrestrial wireless is not a mass market yet, b) the leader, Winstar, has already a successful ISP operation which it might spin off or monetize in the form of a tracking stock. Best regards, Bernard Levy

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