WCAP....next CMGI? Rowe.com goes public today. Price moved up to $16. WCAP has quite a few other companies that will be going public soon. Here is one of the big ones, Worldgate. Say good bye to WebTV and other set-top boxes:
<<WorldGate Communications, Inc. provides a cable service that enables low cost Internet television access for consumers through a cable TV system, without the need for a PC, modem, or any additional in-home equipment. The company has announced commercial deployment of the WorldGateSM Service with several cable operators. Systems have been deployed to more than a dozen cities both domestically and globally.
At a suggested retail monthly fee far less than traditional Internet service provider rates, the revolutionary WorldGateSM service (patents applied for) is the cable industry's first interactive Internet service which uses an advanced analog or digital cable converter, the existing TV set and a remote control. No PC or other set-top box is required, nor is there any use of the cable company's video spectrum required when using the advanced analog platform. Using the vertical blanking interval, a normally unused portion of the video spectrum, the existing analog cable infrastructure will allow WorldGate to offer data rate speeds of 128Kbps, over twice as fast as a standard 56Kbps telephone modem. Using a digital cable converter, data rate speeds reach 27Mbps. Additionally, WorldGate has pioneered Channel HyperLinkingSM (patents applied for), the ability for subscribers to link directly to a Web site associated with a TV show or commercial announcement with the press of a single button. Logging on to the service, for e-mail, Web browsing or Channel HyperLinking, requires less than five seconds.
For more information on WorldGate's unique Internet TV Over Cable service see the Product section of this Web site.
WorldGateSM Communications, Inc, was founded in 1995 by former General Instrument employees. The company is headquartered in Bensalem, Pennsylvania.>>
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