Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?

To: art slott who wrote (5108)	6/20/1999 11:44:00 AM
From: ed doell	Read Replies (2) \| Respond to of 13157

Hi Art, Good to see you back in the saddle. I noticed this on the WGAT thread... IMHO it offers an interesting point for friendly debate... after all, what does Michael Dell know? ;-) Could he be missing the point just as Mr Softy missed the point of the internet a few years back? Message 10194224 Ed

To: art slott who wrote (5108)	6/20/1999 4:44:00 PM
From: Craig Jacobs	Respond to of 13157

"Wolzien Speaks !!!!!!!!!) >>>>''This will make it easier to market their products all while saving costs,'' said Sanford C. Bernstein analyst Tom Wolzien.>>>>>>> Published Friday, June 18, 1999, in the San Jose Mercury News AT&T aims to stitch together huge cable provider USA Today NEW YORK -- AT&T Corp. is working on a series of deals that could transform the cable industry -- leaving most major cities with just one company in control and changing service providers for as much as 25 percent of all subscribers. Leo Hindery, CEO of AT&T Broadband & Internet Services (formerly Tele-Communications Inc.), said that by mid-July he could have deals with Adelphia, Comcast Corp., Charter Communications and Cox Communications Inc. to swap systems in nine major markets and dozens of smaller ones. While he declined to name the markets, the list is said to include parts of Los Angeles, Detroit, St. Louis, Sacramento, Dallas and northern Ohio. Some deals may include systems owned by MediaOne Group, which AT&T has agreed to buy. Hindery said that if he is successful, New York and Los Angeles will be the only major cities served by more than one cable company. Within a year, he added, seven operators will have about 93 percent of the 67 million subscribers in the United States. Alluding to the regional telephone companies that dominate regions of the country -- ''regional Bell operating companies,'' in telecommunications lingo -- Hindery said: ''I call it the RBOC-ization of the cable industry.'' Cable operators say it also makes sense for them to control large territories as they begin to compete with the regional Bells in offering local telephone connections and high-speed Internet service. ''This will make it easier to market their products all while saving costs,'' said Sanford C. Bernstein analyst Tom Wolzien. But executives close to the talks say AT&T, which earlier this year bought TCI, the cable service provider to much of the Bay Area, still has a lot of bargaining to do. Companies disagree over the value of key systems. AT&T also wants to provide local phone services via cable wires, as it is doing now in a field trial in Fremont. Operators don't mind forging partnerships as long as AT&T agrees to offer just voice transmission. But AT&T won't accept that restriction, according to some close to the talks. That makes operators nervous. They fear that consumers may eventually receive video and Internet transmissions through AT&T's phone connection, bypassing services provided by the cable company alone. In addition, the financial terms are vague as AT&T waits to make a phone deal with Time Warner Inc. It's the largest operator and would probably get the best terms. But talks are on hold until AT&T buys MediaOne, which owns 25.5 percent of Time Warner's cable unit. Hindery said, though, that AT&T will still be able to strike phone deals at ''some'' of the systems that are in play. In a private briefing with Wall Street analysts this week, Hindery said that he is working on deals that would mark ''the end of an industry as I know it. I'm about six weeks away from doing what I want to do.''