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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Bud Fox who wrote (1000)1/20/1998 9:52:00 AM
From: Dale Baker  Read Replies (1) of 18691
 
This should have some impact on ATHM's prospects:

Three of the largest computer companies in the U.S. are teaming up
with a telecommunications giant to make fast-speed modems widely
available by Christmas, The New York Times reported. COMPAQ
(Friday's close: 59-1/8), INTEL (Friday's close: 74-13/16) and
MICROSOFT (Friday's close: 135-1/4) will announce the venture at a
communications conference in Washington next week. They have met
with the GTE (Friday's close: 51-1/8) and four or five Baby Bells
to agree on technical standards. BELL ATLANTIC (Friday's close:
89-1/8) is said to be the only major regional phone company to opt
out of the project. The new modems, which would run at speeds up
to 30 times faster than existing popular models, would plug into
normal telephone lines but remain connected to outside telephone
lines at all times without the need to dial a service provider.
(WSJ)
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