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Technology Stocks : People's Choice Tv Corp. (PCTV)

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To: Mark Oliver who wrote (25)2/21/1997 1:13:00 PM
From: Tom Duxbury   of 176
 
Mark, I spoke to president Mike Whalen (Sp?). He was very straight forward. Company is set to launch its internet rollout (not a trial, an actual rollout with REAL revenues). The roll out will be in Detroit and will be geared toward small business and high end home users. This will be a 1 way downstream, with telephone return. They also will have a REAL video roll out in the June/July timeframe and it will take place in Chicago, Phoenix, or St Louis. I repeat again that PCTV will be producing revenue in the 1st have of 97 using its MMDS spectrum and has 100 million in CASH. They will not be press releasing every little step they make, but will talk about all these items in their qtr conference calls. Tom.
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