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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet

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To: SecularBull who wrote (526)2/10/2000 9:01:00 AM
From: BostonView   of 720
 
Quarterly results are out.

``This year was the most significant in the company's history. We secured $1.65 billion from one of the world's most respected strategic investors, Paul Allen of Vulcan Ventures; we accelerated the pace of our construction through several key alliances; and we increased the scale and scope of our business model through the launch of our West Coast operations and through an agreement to acquire 21st Century in Chicago,' said David C. McCourt, RCN's Chairman and CEO. ``Not only are we fully funded through nearly 5 million homes, we are more confident than ever that the asset we are building -- a brand new high capacity network -- will become progressively more valuable over time as demand for local capacity continues to increase.'

biz.yahoo.com

Looking good, McCourt!

BV
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