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

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To: MikeM54321 who wrote (6422)	2/14/2000 6:36:00 PM
From: Elsewhere	Read Replies (1) of 12823

Mike - DT cable plans: >I don't see why Deutsche Telekom would even consider purchasing >a set-top decoder box specialist for their cable TV plant. >German regulators are putting pressure on Deutsche Telekom >to sell off their cable assets DT will keep a minority stake in the nine regional CATV plants. They have changed the conditions of the spin-off several times during the past months; currently the plan is to sell 35%, to float 40% at a later stage (when US subscriber values have reached $10K?) and to keep a 25% stake. >They are spending money probably because they can't stand still >while waiting for the right buyer. DT's market cap is around $260 billion currently which seems too much even for WCOM. Additionally the government still holds a majority stake. Other CATV players in Germany: publicly listed ones are ATHM via partner Telecolumbus (currently controlled by Deutsche Bank), about 2 mio subs, and PCAG, 1 mio subs. PCAG seems to drift to the UPCOY sphere of influence.

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