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Technology Stocks : High Speed Access Corp (HSAC)
HSAC 13.88-5.4%Dec 18 4:00 PM EST

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To: $Mogul who wrote (53)6/7/1999 5:32:00 PM
From: Robert Sheldon  Read Replies (1) of 130
 
I actually felt that a discerning investor would have come away from the interview feeling very good about HSAC. The CEO eloquently defended HSAC's prospects.

I find it interesting that the company has been branded an “Internet Company” by CNBC among others. Especially when that term seems to primarily encompass content-based companies. HSAC provides connectivity. Remember the much ballyhooed and coming “Internet II”? Who will provide the connectivity there (I bet you can guess, it was alluded to at the end of the interview)?

I also find it interesting that CNBC has engineered a complete flip on “Internet Company” reporting (bullish to bearish). I believe that the interviewer was actually just towing the CNBC line and was trying to start a witch-hunt. HE FAILED.

The Interviewer mentioned that he had just finished reading excerpts from the HSAC prospectus. I'll assume he did not finish. He was clearly not prepared for the interview, the HSAC President, Pitcock, was.

Again, judging by the grin on the interviewer's face at the beginning of the interview he probably thought he was about to dismantle a President on national television. HE FAILED MISERABLY.
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