Hi Tom,
Today's IPO NPNT
From ipocentral site:
NorthPoint installs its DSL equipment in a local telephone company's central office and leases existing copper telephone lines, through which it provides high-speed, dedicated data transmission. The company markets its services to Internet service providers (ISPs), broadband data service providers, and local and long-distance telephone companies, which resell the services, primarily to small and medium-sized businesses. NorthPoint operates in 15 US metropolitan markets. Investors include Intel, At Home, Frontier, and Verio.
The natural migration for millions of modem users is to DSL or cable. My short term target is $60-$70. Like INTC, it does not care who makes the box, everyone would need their connection. What do you think?
Regards,
KC. |
