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Technology Stocks : AUTOHOME, Inc

ATHM 23.66

+0.8%

Nov 24 3:59 PM EST

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To: Sam Asava who wrote (15848)	10/3/1999 2:17:00 PM
From: E. Graphs	Read Replies (1) of 29970

>>...City officials seemed disinclined to back away from their decision. "By taking this action and supporting open access, we have ensured that our citizens will continue to have the freedom to choose their Internet provider," Councilman Scott Silverthorne said in a prepared statement.<< No intelligent company is going to spend loads of bucks building these people a high-speed network all the while knowing that every move they make thereafter will be dictated to them by highly politically-motivated city officials. Instead of competitive company negotiations they will be told who to let on the network and under what terms, and eventually they will be subject to set fees and an endless string of tacked-on regulations. We all know that when you open the door to government regulation they just barge on through and then never leave. Let's face it, this isn't about "open access", this is all about "government regulated access", and the only thing these officials are ensuring by their foolishness is that their citizens will have nothing competitive to choose from! What idiots.

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