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Technology Stocks : HIGH SPEED ACCESS {HSAC}
HSAC 13.88-5.4%Dec 18 4:00 PM EST
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To: Goldbug Guru who wrote (23)6/5/1999 10:43:00 AM
From: Glenn Petersen  Read Replies (3) of 963
 
I would be interested in seeing how you came up with your estimate of
$140-$160 per share. The numbers do not justify it. As Mr. Walls
said, stop "pimping" so hard.

Number of Number of
homes passed subscribers Market cap

ATHM(1) 65,000,000 460,000 $ 17,293.5 MM

SOFN(2) 1,900,000 2,200 309.6 MM

HSAC(3) 1,285,000 3,900 1,097.9 MM

(1) Per 3/31/99 Form 10-Q
(2) Includes 300,000 homes passed subsequent to 3/9/99
(3) Per 5/28/99 S-1/A. Includes 303,000 homes covered by non-binding
letter of intent. Market cap adjusted for over allotment shares
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