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Technology Stocks : ANTEC Corp. (ANTC)

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To: Judy Muldawer who wrote (66)5/15/1997 2:46:00 PM
From: Jeffrey L. Henken   of 847
 
INCREASED PROFITS! A BIGGER PIECE OF THE PIE! That's what this means. I took the liberty of copying this previous post. o: Scott D. (55 )
From: Mark Oliver
May 2 1997 2:38AM EST
Reply #56 of 66

TCI plans to spend $1.7 billion to $2.5 billion over the next 30 to 35 months upgrading
channel capacity for two-way high-speed residential Internet access. They are
"recommitted to upgrading all their system with fiber optic cable".

It's about time.

This is extremely significant. It was TCI's previous lack of committment to upgrading
with fiber optic that caused so much uncertainty over the prospects for HLIT. Now
that TCI has put $2 billion on the line, people are taking notice.

Lets hope that HLIT takes a big chunk of this business, and that other cable companies
follow TCI's lead.

I've copied this from another thread and wondered why there's no notice of these
announcements here. TCI's slow down killed Antec and this announcement should be
very good for them. Let's hope so.

Mark

Looks like you were right! Thanks Mark. Regards, Jeff
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