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.

Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (17594)	7/8/1999 10:49:00 PM
From: John Tinsley	Respond to of 25711

QNET could gap tomorrow. News today. Been over 14 in the last 3 months. Quest Net Signs Contract with Qwest to Expand Florida Operations THURSDAY, JULY 08, 1999 12:15 PM EST - BusinessWire MIAMI, Jul 8, 1999 (BUSINESS WIRE via COMTEX) -- Quest Net Corp (OTC BB:QNET) has signed a long-term contract with Qwest (Nasdaq:QWST), a global telecommunications company that has developed a national network constructed of state-of-the-art internet protocol architecture. "This contract will allow Quest Net to develop and implement an expansion strategy that will build on the Qwest infrastructure," said Camilo Pereira, Chief Executive Officer of Quest Net. "Our plans are to establish a presence in areas that build on Qwest's network. This will allow us to integrate our wireless infrastructure with conventional fiber networks across the state. The agreement provides for scalable bandwidth that could meet our clients needs well into the next century." The Qwest network is built with the industry's most advanced technologies. It offers 10 gigabit, OC-192 speed and is constructed on a "self-healing" SONET ring and 2.4 gigabit (OC-48) Internet Protocol architecture. In the US, it reaches 18,815 miles and connects to 150 cities across the country. Quest Net is currently planning major expansion efforts throughout Florida. The company plans to establish a presence in several major metropolitan cities. This will allow the company to build a wireless infrastructure throughout the area that will provide the business community with dedicated high speed wireless connections at a fraction of the cost of conventional dedicated services. "This new expansion plan, combined with backbone development already underway on the east coast, will provide us with the framework and foundation to be the dominant force for dedicated services to the business community in the state," cites Pereira, the company's Chief Executive Officer. Based in Miami, Quest Net (OTC BB:QNET) operates its own backbone running from Key West to Sebastian, Fla. It is a provider of secure, full-service global Internet and Intranet broadband digital networking solutions for businesses and individuals. Quest Net is one of the largest regional Internet Service Providers with Dial-up POP's (point-of-presence) in 228 cities. It also offers dedicated high-speed Internet access, metropolitan and wide area network datatransport services, including virtual private networks, to several commercial clients and other ISP's, and Wireless Internet Connection at a speed of up to three Mbps to a distance of eight miles on a license free spectrum. Quest Net offers one of the fastest and cleanest routing system for the transfer and delivery of voice, video and data streams at speeds ranging from 64 Kbps to 155 Mbps (OC-3), as well as frame relay connections at speeds up to 45 Mbps This press release may contain forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products and services, subscriber growth, product demand, competition, and other risks and uncertainties. Additional information can be found on the Company's website at www.questnetcorp.com or can be obtained form the Company upon request. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Quest Net Corp., Miami Kevin Lockerby, 305/935-1080 Info@ipquest.com WEB PAGE: businesswire.com GEOGRAPHY: FLORIDA INDUSTRY CODE: COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET