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Technology Stocks : The New Qualcomm - a S&P500 company

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3:59 PM EST

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To: quidditch who wrote (3821)	12/1/1999 12:00:00 PM
From: Bux	Read Replies (1) of 13582

re T and digital TV upgrade cutbacks: From what little I've read, T (through TCI/MediaOne) has been investing heavily in procuring that next generation STBs from GIC, primarily, and SFA. This implies not only the significant cash outlays to procure but having the (wired cable) infrastructure to accommodate the throughput and interactivity of these STBs. You're not making sense to me. The new Set Top Boxes (STBs) need the digital cable upgrades to work. And ATT doesn't need to pay for the STBs until shortly before they are deployed (if not shortly after deployment depending upon the timing). With the prices being charged for digital cable service, it can't take long to pay off these boxes. It wouldn't make much sense to delay build out of digital service because the boxes cost so much (unless maybe ATT needed the capital elsewhere). Bux

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