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Technology Stocks : Superwire.com (SUPW) a new contender among broadband ISP s -- Ignore unavailable to you. Want to Upgrade?

To: Tom Smith who wrote (11)	7/14/1999 6:35:00 PM
From: Goodboy	Read Replies (1) \| Respond to of 26

It is a shame that the market does not recognize the value of this deal, but what else should we expect. Not one institutional account is looking at this bulletin board company with no financials. The only ones watching are smaller retail investors who were given a press release that laid out a signifcant deal, yet didn't spell out why it was a big deal. Anyone who owns RCN stock or follows the company's business stratgey knows they pay the building owners to get access to their buildings. The fact that Supwire was able to use thier stock and gain access to a large number of subs in multiple markets without having one building operating is a testament to the real estate company's confidence in both their ability to deliver the services and in the future value of the company's stock. The dillution here is peanuts compared to the value the market will assign per each sub aquired. That is what is most silly about this sell off. If any of you have a cable modem, you know about shared bandwidth. If any of you are getting DSL service at 1mb plus, you know how expensive it is and the limitations as to where you are versus what speed you can get (distance from the switch). Superwire will be offering a compelling price/perfomance with telephony and next year, video. They will have a special portal for their subs that will be unlike anything out there today or likely anything even in beta. They will empower the building owners and take hold of a market that is bigger than the target market of High Speed Access and not as limited as the market of @Home, ie, these guys both need upgraded cable plants, Superwire doesn't. Just some good old copper twisted pair connected to a little Entrata box and another device in the home and presto, the broadband universe is open to anyone in that building. This won't go over well when your neighbor across the street shows you lightning speed and ease of use and you show them your overtaxed cable modem service with an AOL or Yahoo home page. I can't think of two major cities more hungry for it than San Fran and New York. I think the penetration rates will be mind boggeling. As someone posted on that other thread that I no longer post on, you can get rid of all the crap RCN shoves under your desk (routers, modems, wires not to mention clueless techies trying to install it all). This stock will be in the high teens going into the fourth quarter and after that, everyone is on their own. It could get stupid. Good Luck.