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Technology Stocks : AUTOHOME, Inc
ATHM 24.08-3.1%Nov 14 9:30 AM EST

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To: E. Davies who wrote (8337)4/21/1999 1:49:00 AM
From: Clever Nick Name  Read Replies (1) of 29970
 
Remember that phone companies are the gateway to DSL.

When DSL rollouts are common corporate customers that are leasing T1s for up to $1000/month are going to get a bit prickly about consumers getting similar service for $60/month.

An even more daunting issue for phone companies is long distance. The fact is that so much fiber has been laid that the cost of bandwidth for cross country phone calls is essentially zero. With widespread broadband access at home, someone is going to take advantage of this and eat the telcos lunch. (remember that the local co. gets a few cents/min of your ld billing)

Since cheap broadband slaughters some of their sweetest cash cows, I would expect telcos to drag their feet on ADSL until it's too late and cable has a clear lead.
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