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Technology Stocks : America On-Line (AOL)

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To: Rico Staris who wrote (22360)6/15/1999 1:08:00 PM
From: D.J.Smyth  Read Replies (1) of 41369
 
this release is such a pile of jingoistic bs, it is no wonder the judge in the case ruled in favor of alternate ISPs (AOL).

<<"If indeed federal policy is shifted to local municipalities, through the
franchise license process, the outcome will be chaos," >>

so, the opposite of chaos is "control" which the Feds believe they can do better than the wee municipalities? municipal control = chaos? thus, federal "mandated" large cable operators are "free" to dominate their respective markets and determine price which doesn't equal chaos, because the feds are in control?

free market, non-chaos = federal control? since when?

<<While the audience of cable executives received Kennard's comments favorably, the
chairman did not pass up the opportunity to remind cable operators of their obligations
to wire all of America--including rural and inner-cities--with high-speed Internet
connections.>>

and all those cable operators left the meeting chucking to themselves with Kennard firmly in their pocket thinking, "It may take 100 years, but yes, we WILL fulfill our obligation to the American public and wire ALL America regardless of the cost to us. Even though Rural America and the inner city costs five times more to wire than the burbs, WE are good hearted American businessmen and we'll do it. YES, we'll dig those trenches (well, to the bank first anyway)."

Cable operators don't necessarily want Rural America. They mainly want the lucrative suburban city markets.

It would seem any truly honest judge will come to the same decision the Oregon judge did. Let the courts decide. Keep Kennard's philosphy out of it.
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