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

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To: Kevin G. O'Neill who wrote (183)12/31/1998 2:55:00 PM
From: Hawkmoon   of 720
 
"...$11 million deal with Ascend Communications to deploy Ascend's sophisticated switch technology

Amd the translation is....

We have to spend more money to upgrade out systems. However, where we're done, we'll really sock it to the competition and see the value of the stock rise.

As I stated ealier in another post, I had understood that RCNC was basically in a period of infrastructure building. Revenues from this will be months/quarters down the pike.

But they sure got a nice run out that other news release.

Regards,

Ron
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