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Pastimes : J Doe #13 Off-topic Non-Specific Tech Stock Ponderings

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To: Johnathan C. Doe who wrote (1779)7/16/1999 5:22:00 PM
From: Charlie Finley  Read Replies (2) of 1819
 
Johnathan,
ROBV is about what I paid, but it has been beat to death and under $3 for so long I just let it sit there. Nice to see it back in the hunt and I hope to get out with a small profit, but I sure could have used the cash to do other things over the last year.
WSTL has been moving up very nicely, and is almost a double for me at this level, time to think about selling, but here is an article that has made me think that LU or some other company, Bell Atlantic may be in WSTL's future.
"July 14, 1999 (Bloomberg) Bell Atlantic Corp., plans to begin offering high-speed Internet services to New York City customers tomorrow, seeking to get a jump on its cable-television competitors. The service, called digital subscriber line, or DSL, can carry information more than 100 times faster than traditional dial-up modems and also lets users make and receive phone calls while simultaneously surfing the Internet.
Bell Atlantic and other local phone companies are pushing to roll out the new services to customers before competitors such as Time Warner Inc. make them available through cable-television wires. In New York, for example, Time Warner is set to team up with AT&T Corp., the largest U.S. phone company, to offer phone and high-speed data services.
Bell Atlantic said the new high-speed services will be available starting tomorrow in parts of Manhattan and will be extended to other boroughs as well as Long Island. The company already offers DSL in parts of northern New Jersey.
The cost of the service ranges from $49.95 for the slowest speed to $189.95 a month for the fastest, the company said."
So, you can see the benefactor here has a good shot at being WSTL, since this is there business, and "not to be left in the lerches", LU or WCOM or AT&T can be the suitor here. The volume and price would indicate the company is at least in play, and if it is bought out it should be in the teens to 20 in my opinion.
I have not followed EIM, but GTRC and VUSA are on my list.
Charlie
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