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Technology Stocks : copper mountain CMTN

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To: Sir Auric Goldfinger who wrote (1028)10/11/2000 6:17:03 PM
From: lazarre   of 1226
 
Auric,

you remind me of a putz.

That said, i thought the article part of your post was pretty good, especially the " last mile " focuss in this paragraph; need i tell you that the last mile is what Mountain is all about:

<By contrast, the giant local phone companies--SBC, Verizon, and BellSouth--look
well positioned. Their local networks are costly and complicated to replicate, so
they're facing relatively little competition. The local-phone giants ''own the last
mile, and that's an asset that won't be duplicated,'' says Invesco's Hayward. At
the same time, they're demonstrating that they're capable of taking market share
away from the long-distance companies. Verizon, for example, has swiped more
than 1 million long-distance customers in New York, and SBC has grabbed more
than 500,000 customers in Texas in just two months. What's more, all three of
them generate loads of cash that will help them finance expansion into new,
fast-growth services. Verizon, for example, is expected to have cash flow of $28
billion this year, more than either AT&T or WorldCom, according to analysts'
estimates.>>
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