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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: Frank A. Coluccio who wrote (2285)11/4/1998 8:12:00 AM
From: mike.com  Read Replies (1) of 12823
 
Hi Frank, I've been enjoying reading your posts even though I am no expert on the technology discussed here. I am a current investor in 2 companies that I believe are pertinent (MRVC and RACE). I was just wondering if you are familiar with Datarace at all? They have a product aimed at the telecommuter/remote access market called Be There! that utilizes the existing bandwidth to give simultaneous voice/data/fax access. They are currently working on a software version of the technology "to allow users with certain configurations of computers to take advantage of the Be There! capabilities by simply loading software onto their existing machines." (quote from their 1998 annual report) One of the reasons I became an investor a couple years ago (and have since lost a bundle) was because I could envision a day when the average user at home could use the technology to avoid the necessity of an extra phone line for internet access. They don't expand the bandwidth, just take advantage of what's there to solve a common problem. The stock has been on a nice rise lately (from 50 cents to a current $4), mainly on speculation of interest from CSCO. Anyway, any discussion from a technological perspective would be much appreciated.

p.s. I am definitely not trying to hype the stock. I remain skeptical about the company, having lost so much on the company's inability to actually sell their product. Just looking for some varied, informed opinion.
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