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Technology Stocks : Aware, Inc. - Hot or cold IPO?

AWRE 2.120

-2.3%

Nov 20 3:59 PM EST

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To: JW@KSC who wrote (5331)	12/29/1998 3:38:00 PM
From: Scrapps	Read Replies (1) of 9236

"Only three years past the passage of the act(Telecommunications Act) , we are looking a little antiquated now by looking at voice competition in the local loop," said Lauren Belvin, Senate Commerce committee general counsel and an advisor to Senator John McCain, R-Arizona, at a recent telecommunications policy conference. "It's a much bigger stakes game now." One of the most controversial pieces of this issue, the way regulators will treat high-speed data services like digital subscriber lines (DSL), will carry over into next year. The FCC proposed last fall that the Baby Bell companies be allowed to offer DSL services directly to consumers and businesses, only if they also sold the service at discounted wholesale rates to their competitors. The Bells also could offer the service through a separate subsidiary company. The local companies, which desperately want to offer a full range of voice and data services, don't like this idea. Early in December, they petitioned the FCC to allow them to offer high-speed DSL services directly, joined by a handful of computer companies who expect bandwidth increases to drive meatier Internet applications. The FCC is scheduled to resolve that issue by the end of February next year, kicking off what may be another round of repositioning as the companies high-bandwidth strategies evolves. news.com

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