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To: Straight Up who wrote (6856)	8/12/1999 9:09:00 AM
From: Mark Oliver	Respond to of 10081

This must include myTalk, trials, and the few paying customers. Certainly revenues don't back up his figures. And of course he's a salesman who will put a shine on any subject. Let's hope he's right. Regards, Mark

To: Straight Up who wrote (6856)	8/12/1999 11:29:00 AM
From: Mark Oliver	Respond to of 10081

For those of you who don't know the history, GM use to own this company, Altocom. Then, they spun off the company, selling majority ownership to management and keeping a minority stake much like Data Rover. In the end, I believe the sold their position. Maybe they still have some shares? Anyway, I think they got about 3 million out of it 2 years ago. Nice move Steve. Regards, Mark Broadcom acquires AltoCom to bolster Epigram unit Aug 11, 1999 --- * Based on Broadcom's Monday closing price of $104.875, the deal would be worth $169.9 million. * The news sent Broadcom shares up $6.75 to $111.625 by mid afternoon. Communications IC maker Broadcom Corp. signed a definitive agreement to acquire AltoCom, Inc., a Silicon Valley-based provider of embedded and PC-based modems. AltoCom's software is used for data/fax modem implementations in general purpose embedded processors, PC CPU's, and digital signal processors (DSPs). The company's SoftModem products will be paired with technology from Broadcom's wholly-owned home networking subsidiary, Epigram Inc., to create an integrated V.90 and home networking product for accessing and sharing Internet content throughout the home over the existing telephone line. "AltoCom's SoftModem technology will provide our joint customer base with scalable, high-speed and reliable embedded modem technology for use in portable devices, PCs and remote access servers," said Henry T. Nicholas, president and chief executive officer of Broadcom. Under the terms of the agreement, Broadcom will issue approximately 1.62 million shares of its Class B common stock in exchange for all shares of AltoCom preferred and common stock, including shares issuable upon exercise of employee stock options and other rights. Based on Broadcom's Monday closing price of $104.875, the deal would be worth $169.9 million. The news sent Broadcom shares up $6.75 to $111.625 by mid afternoon. The merger transaction is expected to close within 60 days and will be accounted for as a pooling of interests. The boards approved the agreement, which is subject to regulatory approval and the approval of AltoCom shareholders. Broadcom expects to record a one-time charge in its third fiscal quarter to cover related expenses.

To: Straight Up who wrote (6856)	8/12/1999 4:17:00 PM
From: HumbleDazy	Read Replies (1) \| Respond to of 10081

The key word is "approaching" 500,000 users...this from the mouth of an excellent marketer could mean just about anything. And how fast is the approach? Like the Concord? or a three-toed sloth? Are they including churn? Potential users from Bell South? GMGC lost alot when they lost Surace. At least he's still a consultant. Hope they listen to him. I'm still hanging in there, hoping for some positive news, and soon. I certainly haven't given up yet. hd