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

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To: MikeM54321 who wrote (10863)	4/4/2001 8:18:45 AM
From: MikeM54321	of 12823

I wrote: "IMO there should be tax credits given to the providers who upgrade their networks. Like the investment tax credit of the 80s. Make the pipes so big, that applet loading pages are insignificant." Cadogan says: " He advocates one solution in the ``Broadband Internet Access Act of 2001,'' a bill pending in Congress that is backed by the Telecommunications Industry Association of which Cadogan is chairman. The legislation would offer up to a 20 percent tax credit incentive to carriers who upgrade to broadband technology." Thread- I read the Caodogan quote after I posted my idea about investment tax credit on this thread. I had no idea it was in congress already. If it passes, I predict a great surge in capex by the service providers. BTW Cadogan is pretty much saying what I believe is a fundamental problem with broadband too. Consumers don't want to pay for it. He calls it DSL Hell: pioneerplanet.com AND to add insult to injury the FCC, under former chief Kennard, forced service providers who do bite the bullet and spend billions on capex, to split their revenues with free loaders(wired data-CLECs and ISPs). -MikeM(From Florida)

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