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Technology Stocks : Alphanet Telecom, WOW !

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To: JAMES BORECKI who wrote (46)11/12/1997 11:08:00 PM
From: wynn quon  Read Replies (1) of 117
 
Re: the Alphanet Office concept. Just like the InnFax idea, I don't think this is what is behind the "oomph" in Alphanet's stock price.

Looking back over the summer, the price of the stock hit the $8
level because there were delays in the Beta testing of the
voice/fax over IP network. I would guess from this that the
hospitality side isn't what is attracting investors.

There doesn't seem to be that much sizzle in the hospitality angle.
Reasons:

* it's likely to be a low-margin business - with the high rate of
PC obsolescence, they have to charge enough to cover the replacement
cost of upgrading every n years.
* the traveller's laptop is strong competition
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