jyp, Looks like selling compounded by margin calls. News Release.
This is interesting and may help although with the margin calls many people are getting from their brokers, selling pressure may compound for the next few days as Tues. is when many firms make these calls. Stocks under $5 may also be given special calls as Golman Sachs did over the weekend.
FASTCOMM SHATTERS $1000 T1
INTERNET ACCESS BARRIER!
New $995 WEB.routerT version has T1/Fractional T1 Capabilities for
Maximum Throughput; 56 Kbps DDS DSU/CSU Versions also
Updated for 64 Kbps DDS2 Compatibility
STERLING, VA, April 28, 1997-FastComm Communications Corp.
announced today that it has shattered the $1000 T1 Frame Relay Internet
Access barrier with its new T1/E1 WEB.routerT models. New
versions of FastComm's Internet access devices will offer a choice of T1
with Fractional T1 capability, or E1 (G.703) with Nx64 capability,
clocking from 56 Kbps up to 2 Mbps. At the same time, FastComm is
also updating its popular DDS compatible WEB.RouterT models with
integral 56 Kbps DDS compatible DSU/CSU to also support 64 Kbps
DDS2 service. Pricing for the T1-equipped models starts at $995,
setting a new value threshold for large and small businesses alike, as well
as small office/home office (SOHO) users and telecommuters, who
access the Internet via T1 or Fractional T1 to their Internet Service
Provider (ISP).
The FastComm routers represent the best value in dedicated Internet
access. Targeted for both Web server attachment as well as fast, direct
connection to the Internet, the WEB.routerT products offer support for
a host of features including dynamic routing updates, automatic WAN
configuration, and self-learning features. All versions of the product will
continue to support the complete compliment of SNMP, remote network
monitoring, diagnostic and control features already deployed; including
compatibility with available, popular network monitoring software from a
variety of vendors. Pricing for the value-leading WEB.RouterT product
line starts at $695. Shipments of all the new versions will begin during the
company's next quarter.
"This is a spectacular achievement," stated Peter Madsen, FastComm
President. "We've absolutely shattered the $1000 barrier for dedicated
T1 Internet access, offering customers and ISPs the best value in a fast,
managed Internet access platform. This addition to our router products
capitalizes on the popularity of T1 over Frame Relay for Internet access
across North America, and E1/Nx64 Frame Relay access in other
countries around the globe. With a prices starting under $1000, we've
once again set the standard! Add our MaximumPRIORITYT
multi-stream prioritization, and FastRATET congestion management,
to the explosion of Internet access, and you can see why we're so
excited-the combination can't be beat!" |
