Neither HP nor TI had the necessary telco system integration expertise to advance their technologies.
I know you have been reading here for a reasonable time, but I suggest that you go back through this thoroughly referenced thread and see if considering in full, the arguments for the validity and importance are not compelling.
Even ignoring the thousands of intelligent and reasoned opinions from the likes of posters here, perhaps consider even SOME of the hundreds of online articles referenced, the many dozens of research reports, the many billions of dollars (and tons of ego) that have been committed, and consider the serious and growing infrastructure bottleneck that this technology addresses, and see if you feel the same.
If after reviewing these you STILL maintain a negative opinion on WCII and BBFW's future prospects - then I am sure there is NOTHING anyone here could argue to sway you otherwise... and THAT'S OK.
But for the REST of us, a couple of additional links (some may have been posted previously):
"On The Air"
internettelephony.com
"New Technologies Vs. The Public Network: Something's Gotta Give"
zdnet.com
"Internet capacity major theme for 1999 - study"
biz.yahoo.com
"Looking to Go the Last Mile"
techweb.com
"Wireless Speed By Degrees"
zdnet.com
(only the last section on LMDS is relevant to BBFW)
And BTW DW - though one can certainly have and state a negative opinion on a stock without having some type of position in it, in the spirit of disclosure, just curious if you currently are (or are planning to) play WCII long, short, options, competitor, etc...? [For instance, as you probably know - SteveB (who knows this company and stock as well as anyone) has shared with us that he has a put position and is from time to time comfortable going short and/or writing calls, as a trading strategy.]
Regards and best of luck-
Steve
PS - for those interested in that WSJ article about LU's ability to sell their debt traunches (which WCII's $500MM debt will be a part of, combined with debt of others like FON and WCOM to keep the rating A or A-), excerpted from the tape a couple of weeks ago:
WSJ: New Securities Issues
From The Wall Street Journal
....
CORPORATE
....
Lucent Technologies -- $500 million of notes were priced via lead manager Goldman Sachs & Co., according to BondData-Corporate Service. Terms: maturity: Nov. 15, 2008; coupon: 5.5%; issue price: 99.562; yield: 5.558%; spread: 72 basis points; debt ratings: A2 (Moody's), single-A (S&P).
(END) DOW JONES NEWS 11-20-98
12:59 AM |
