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Technology Stocks : AUTOHOME, Inc
ATHM 22.82+2.7%2:00 PM EST
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To: Mkilloran who wrote (2975)10/27/1998 11:27:00 AM
From: ahhaha  Read Replies (2) of 29970
 
Everything I've been trying to do in the recent posts is to show that government can't treat cable as a common carrier with copper ISP. They may get a form of common carrier status with respect to other cable carriers. The arguments I've made are not outright convincing because they have to be built on applicable legal precedent. I'm asserting that the case can be made based on my knowledge of business history. No one is paying me to build a formal case, but you have to believe that T's lawyers must have gotten into this pretty deeply. By default and hard experience they have to be eminently qualified to give a good assessment of whether the formal arguments will fly. The difficulty arises when telephony is mixed with Internet.

If the merger is delayed or nixed, AOL will let the issue slide until ATHM gets at least 1M subscribers or develops sufficient mass. If the merger goes through, AOL will have to join up with another telco-MSO in order to compete directly. The alternative is to lease lines from competing cable ISPs currently Road Runner and @Home.

I've argued that the FCC's interpretation of the '96 Act precludes pervasive access. They'd rather protect cable than open up local to long for the RBOCs. It has evolved to a point of populist principle. They can't let the greedy capitalist pigs steal from the poor starving masses. The government thinks competition never works even though that's the reason they give for attempting to do good. Thus, we have fanatic dogma on our side.
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