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Technology Stocks : AUTOHOME, Inc
ATHM 23.14+0.2%12:04 PM EST

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To: Robert Scott who wrote (7621)4/10/1999 3:14:00 PM
From: Ted Schnur  Read Replies (3) of 29970
 
Robert,

I think even one of the backers of AOL's position would agree with you.

Press Release, January 25, 1999
consunion.org

"...Consumers have virtually no choice, either for cable television or local phone service, and now we have some clarity. The other big problem that Congress did not recognize is the market itself. It is extremely expensive to build the infrastructure to compete with the incumbent monopoly. It has been slow going, and way more expensive than Congress thought. And even with this ruling, we have a long way to go until most consumers see any competition for choice for local phone service and possibly longer for cable television.

Regarding the Consumers Union, also see

Press Release, February 17, 1999
consunion.org

Press Release, January 25, 1999
consunion.org

I don't know how much clout this organization has, but I wouldn't count them out.

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