High Speed Access Corp (HSAC) Message Board

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Technology Stocks : High Speed Access Corp (HSAC)

HSAC 13.88

-5.4%

Dec 18 4:00 PM EST

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To: Wes Stevens who wrote (30)	6/5/1999 11:41:00 AM
From: Mr. Big	of 130

Allen's Charter Communications, one of the 10 largest cable operators in the country, has agreed to give High Speed exclusive access to at least 750,000 of its subscribers, with the agreement expanding up to a potential 5 MILLION more homes. According to the prospectus, the company CURRENTLY has agreements or letters of intent with 34 cable operators, representing about 1.28 MILLION homes. In addition, the company signed a recent PARTNERSHIP with Road Runner, a venture between Time Warner and Media One. High Speed equipment suppliers CISCO and COM21, agreed to purchase about $8.5 million in the company's stock at the offering price, minus the underwriter commission. And MICROSOFT, which has been very busy making investments in the cable arena, also agreed to purchase $10 million worth of shares.

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