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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet

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To: Kevin G. O'Neill who wrote (166)12/28/1998 10:12:00 PM
From: Hawkmoon  Read Replies (1) of 720
 
Another thing to remember is that RCN still has quite a bit of Infrastructure to build in order to make their StarWave service grow here in DC.

I stopped by their downtown DC offices, and inquired as to the current extent of their market reach. A gentleman admitted that RCN was currently in a growth period where earnings may be impacted by infrastructure costs as they duplicate bandwidth routes to curbside that already exist with their competitors.

But I have to hand it to them for their snazzy marketing efforts.

I suspect that RCN is looking for a higher stock price in order to do an additional IPO or private placement for expansion capital.

My opinion only.

Regards,

Ron
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