NorthPoint Communications Holdings, Inc. (NPNT) Message Board

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Technology Stocks : NorthPoint Communications Holdings, Inc. (NPNT)

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To: Lucci who wrote (228)	10/19/1999 10:25:00 PM
From: Skywatcher	Read Replies (1) of 786

VERY GOOD news here: Pacific Bell to expand DSL service in California SAN FRANCISCO, Oct 19 (Reuters) - NorthPoint Communications Group Inc. (NasdaqNM:NPNT - news) and Pacific Bell Internet Services on Tuesday announced a deal to immediately expand Pacific Bell's high-speed Internet access services. Under the deal, NorthPoint will deliver its Digital Subscriber Line (DSL) service, which provides high-speed Internet connections, to Pacific Bell customers who do not have access to the local phone company's DSL equipment, the companies said in a statement. Financial terms of the deal were not disclosed. The deal will help SBC Communications (NYSE:SBC - news), which owns Pacific Bell, expand DSL service in California while its three-year, $6 billion effort to become the top provider of high-speed Internet access is being deployed. NorthPoint's shares was up $1-5/8 at $21-1/2 in Tuesday afternoon trading on the Nasdaq stock market while SBC fell 15/16 to $47-1/2 on the New York Stock Exchange. Deal with PacBell/SBC and the recent HSAC deal bode VERY well IMO for this stock at these levels. Dealt back in this morning chris

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