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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP.

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To: PeterR1700 who wrote (1251)8/2/1999 7:46:00 PM
From: Shafik Habal  Read Replies (1) of 1434
 
Hello Peter. I think the effects of competing ISPs in combination with seasonal factors are probably more along the lines of what happened. I would also expect that since school is starting soon, college kids will go back to AOL, ELNK, MSPG and other ISPs. Those kids that live on campus obviously can use the LAN but those living in apartments can be expected to start signing up for ISP service. Longer term, this is the place to be and MSPG will undoubtedly reward patient investors. Just think, this was a stock that dropped to 25 bucks (pre split, last fall...equating to 12.50 now) during the carnage last year. I hope this helps. Best of luck.

Regards,
SH

PS...ISPs are the ones who will truly profit from the cell phone model. Give away the hardware, charge for the service. The key benefit for the hardware manufacturer (INTC and the box makers) is that they are guaranteed a certain revenue stream that they can indefinitely count on. Thus, the ISP reaps the benefit of a longer term contract and ensures its own revenue stream as well. I belive this formula is fabulous for everyone except those ISps or boxmakers not participating in it.
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