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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: SSP who wrote (2527)7/6/1999 8:59:00 AM
From: SSP  Read Replies (1) | Respond to of 150070
 
High Speed Access & SoftNet

"Steve, do you see High Speed Access (NASDAQ:HSAC - news) being 3x the value of SoftNet (NASDAQ:SOFN - news) ?"

Reply: Microsoft co-founder and billionaire Paul Allen owns a significant stake in High Speed Access Corp., a cable Internet service provider that competes in some realms with @Home (NASDAQ:ATHM - news) .

SoftNet has a smaller focus, partnering with smaller cable operators, so they are not apple to apple in my mind.

Through Paul Allen's Charter Communications cable group I can foresee High Speed Access Corp. having just that with up to 10 million cable subscribers perhaps some day.

Keep in mind that the cost to upgrade cable subscribers for two-way Internet is substantial, several hundred dollars per subscriber. Very few folks other than Paul Allen can afford that adventure. For the long view.