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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: Kenneth E. De Paul who wrote (4039)6/5/1999 9:23:00 AM
From: Kenneth E. Phillipps  Read Replies (1) of 12823
 
Ken - The decision of the federal district court judge is limited to the Portland Case. If ATT decides to not appeal, they can walk away from Portland and decide to not serve the Portland area. At that point, the only alternative left to Portland is to award the franchise to another cable operator. That cable operator would still have the expense of upgrading the system. That decision would leave Portland without two way cable access for a longer period of time. On the other hand, ATT could appeal the decision. That would also delay the upgrading of the system. Either way, the Portland area loses. Here in Seattle, the City Council wisely decided to not make the Portland decision. TCI was fined for the delay in upgrading the system but was not forced to open it to others. Now, the Seattle upgrade is proceeding on schedule while Portland will have to wait.

Ken
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