LAST MILE TECHNOLOGIES - Let's Discuss Them Here Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MikeM54321 who wrote (8142)	8/24/2000 9:04:50 AM
From: MikeM54321	Read Replies (2) of 12823

Re: Digital TV - Next Level(sym:NXTV) and Qwest Thread- We were all wondering if indeed QWST was dropping the USWest rollouts of TV over DSL. Apparently those rumors may be true and the stock of NXTV is taking a beating today. I have never looked at NXTV in detail so I have no idea if the beating is justified or not. Wonder if SBC has had any discussions with NXTV to rollout TV over their copper pipes. I can't recall any. Wonder if any of NXTV's new customers are large telcos? It'll be interesting to see how much this news may effect Motorola(sym:MOT). MOT is a 65% shareholder of NXTV. I believe that's what was just said on CNBC. IMHO, MOT with a cap of $80 billion should not be to badly hurt by the performance of NXTV which is losing a few billion in it's market cap. -MikeM(From Florida) ______________________ *NEXT LEVEL COMMENTS ON LEHMAN REPORT* August 24, 2000 ROHNERT PARK, Calif--Next Level Communications, Inc. commented today on an analyst report published by Lehman Brothers. In the report, Lehman Brothers indicated that, based on Lehman Brothers' recent discussions with Qwest (which recently merged with U S WEST), Lehman Brothers believed that Qwest is unlikely to move forward with U S WEST's previous plans for deploying VDSL products. Next Level sells VDSL and digital loop carrier products to U S WEST and sales to U S WEST represented 67% of Next Level's sales in the quarter ended June 30, 2000. "Qwest/U S WEST has not informed us of its future plans for VDSL," said Peter Keeler, CEO and Chairman of the Board for Next Level. "Any significant decline in revenues from U S WEST would have a material adverse effect on our operating results. However, we are pleased that a number of new customers are deploying our products and we remain committed to bringing the best integrated broadband products to the market."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next