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Technology Stocks : Elastic Networks: ELAS (Nasdaq) ELAS
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To: Condor who started this subject9/13/2000 9:40:15 AM
From: Condor  Read Replies (1) of 173
 
Pre-IPO comment on ELAS from "The Street.com"
Elastic Networks, based in Alpharetta, Ga.,
designs and develops products that are used by
carriers like Verizon Communications (VZ:NYSE
- news) to enhance the delivery of high-speed
Internet access over existing copper telephone
lines. Elastic claims to have better speed,
deployability (the ability to integrate a product with
a pre-existing service) and pricing.

The market for Elastic's products is certainly a
promising one in the short-term, as users still have
plenty of trouble downloading Web pages.
Long-term prospects are questionable though, as
optical networks increasingly become the standard.
Copper networks transmit information using pulses
of electricity, while optical networks use pulses of
light modulated by lasers. The 7.8 million issue is
set to be priced in the range of $10 to $12.
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