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Technology Stocks : COM21 (CMTO)

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To: Roger Hess who wrote ()4/23/2000 9:10:00 PM
From: Yong   of 2347
 
I guess this is a positive development from cable industry point of view....

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

BEAR, STEARNS & CO. INC.
EQUITY RESEARCH

It's a Cable Service, No, It's a Telecom Service, No, It's A . . .

Key Points

*** In a ruling we believe has positive implications for the cable industry,
yesterday the 11th Circuit Court of Appeals in Florida came out with a
ruling that we interpret as denying the local franchising authorities
(LFAs) and the FCC, regulatory jurisdiction over cable Internet access.
This, in our opinion, would include the power to mandate open access.

... (more)
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