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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: akmike who wrote (16197)10/9/1999 10:21:00 AM
From: Sector Investor  Read Replies (1) of 42804
 
Interesting article on broadband

Excerpts:

"The ability to deliver broadband connectivity to American homes is seen as a critical step in the evolution of business on the Internet and a critical technological hurdle. Each industry is just beginning to roll out services that let homes utilize bandwidth similar to what is available commercially -- but less expensively. "

"That is an issue that Sol Trujillo, the chairman of U S West will handle, Nacchio said. Qwest signed an agreement this summer to acquire the Denver-based RBOC for stock worth $35 billion. The deal is pending a shareholders vote on Nov. 2.

"The U S West deal is about growth," Nacchio said. "It is about controlling the biggest DSL provider and taking their operations and infrastructure and porting it outside their area. We wanted to blow it apart and move the world to broadband."

Nacchio said he had no idea about speculation that BellSouth, another RBOC, would buy Qwest. "

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