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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.0101-3.8%Dec 31 3:10 PM EST
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To: Dennis R. Duke who wrote (676)4/6/1998 9:28:00 PM
From: Javelyn Bjoli  Read Replies (1) of 3376
 
Sounds like Paul Allen is gathering bricks to build a consumer telecom empire. Doesn't he already own a big piece of Teledesic? Cable + Teledesic + Metricom = whole-world coverage, much of it wireless, of telecom & data (Internet) services. He is trying to replace the old, slow-moving phone companies like AT&T by spending in the right places. I would peg Worldcom & Qwest as his biggest competitors, except they are targeting the backbone rather than the end user. The plan is shaping up to be of a grand scale and Metricom is just a tiny piece.
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