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Technology Stocks : Metromedia International Group (MMG) Looking for Opinions

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To: leigh aulper who wrote (172)8/11/1998 9:54:00 AM
From: TheSlowLane  Read Replies (2) of 353
 
The announcement is good, in that it indicates to me that the company continues to execute their plan. I doubt it will have much impact on the share price though. A couple of thoughts on this:
- $95/month seems pretty expensive. I compare this to what MediaOne is charging, for example, in the US (about $40/month). I don't know, but would have to imagine that the per capita income is lower in Romania than in the US.
- What is the anticipated penetration rate? What is the latent demand for this service? The announcement also mentioned a different set of rates for commercial subscribers, it seems that companies may have a greater need and can better afford the access.
- Is wireless local loop a part of the network delivering these services? This is really for my own curiousity more than anything else. Just wondering if this is a hybrid network that is incorporating WLL in the delivery of broadband cable services.

Anyone else have thoughts on this while we wait patiently for MMG to recover? Chumbawumba time...("I get knocked down, but I get up again...").
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