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Technology Stocks : WorldGate Communications, Inc. (WGAT)

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To: djane who wrote (26)4/15/1999 3:07:00 PM
From: Matthew Gleckler  Read Replies (1) of 589
 
From the prospectus

22
BUSINESS

OVERVIEW

WorldGate provides a new television-based Internet service, the WORLDGATE
Service, that delivers the Internet through cable television systems. The
WORLDGATE Service provides:

- high speed, easy to use Internet access without the use of a personal
computer or additional set-top appliance,

- low cost for the subscriber, currently being offered by cable operators to
existing subscribers at rates typically ranging from $4-$12 per month for
unlimited service,

- full featured Internet functionality and content that can be accessed
within seconds,

- thin-client network architecture that allows for easy deployment and
setup, central system management and centrally administered upgrades, and

- a television-based portal for enabling viewers to dynamically link from
television programming and advertising to related Web sites.


The last part really sounds interesting...
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