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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: JGoren who wrote (5588)	10/18/1999 6:06:00 PM
From: MikeM54321	Read Replies (2) of 12823

JGoren, "I don't think that SBC announcement is a whole lot new, except for maybe the coverage penetration." Except that SBC announced spending plans of $2 billion per year backed by quite a few facts and figures. It's all in the webcast. I usually am not very impressed with these types of announcement (after listening to them for about 5 years now), but this one IMHO was quite different. It's worth a listen. "SBC has at least 10 internet providers signed on from which the subscriber can choose. AOL is not yet one of them." I believe, but am not certain, in the webcast they said they are partners with AOL already, and hope to build their relationship even further. BTW, the costs work out to be about $100 per home passed. Which I think it a pretty reasonable figure. Also they generate $16 billion/year in operating cash flow, so spending $2 billion/year is quite within their reach and great for the equipment providers! One more thing, the FCC said they better get on the ball as part of the approval of the merger between SBC and Ameritech. So they have not only the AT&T pressure, but the FCC pressure too. All in all, I think it's for real. MikeM(From Florida)

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