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Pastimes : Techride -- Ignore unavailable to you. Want to Upgrade?

To: Puna who wrote (4314)	9/16/1999 3:54:00 PM
From: levy	Read Replies (1) \| Respond to of 7442

anyone have any opinions on this stock ARRT...it is on my watchlist and a friend in Seattle who is relatively well connected said I should buy it...Obewon owns this I think...I have been just watching it...here is some stuff on it Advanced Radio Telecom (Nasdaq: ARTT) provides high-speed access to the Internet. Its service offers connection speeds up to 100 Mbps using a combination of wireless and fiber optic technologies. The service is 14 times faster than any DSL service, which has only reached speeds of 7Mbps, and 170x faster than cable Internet access, which transfers data at 0.564 Mbps, or 564 Kbmps. The network is composed of several antennae positioned on tops of large buildings that connect to a fiber optic network. It works like a giant wireless LAN, bypassing the local exchange carriers. The fiber then connects to a Point of presence, or PoP. They current offer this service in Seattle, Portland, Phoenix and San Jose. Commercial service in San Jose just went live on September 8th. The 100 Mbps service is priced at $1250 per month. Qwest (Nasdaq: QWST) has show strong support for Advanced Radio Telecom with a $251 million investment, giving Qwest a 19% stake in ARTT. Lucent Technologies (NYSE: LU) has invested in ARTT as well. The money will be used to build a nation-wide network. ARTT also has plans for service in several major European cities. It is currently testing a different service based on Point-to Multi-Point connectivity in Oslo, Norway. ARTT's revenues are still pretty small. Last quarter, they posted $339,000 in revenues and a $19 million loss. The company only covers 4 US cities and it has only offered the services for a short time. However, they have just received the proceeds from Qwest and they have licenses to operate in 90 of the top 100 US markets. They are in the early phases of building out their network. Competition for ARTT is minimal at this time. That could easily change. Any big company with enough capital can replicate the service. ARTT uses standard Cisco (Nasdaq: CSCO) equipment for its network. ARTT does have an early lead on the technology and the large corporations have not really shown much interest yet. Many ISPs currently outsource their DSL service to escape the large capital requirements of a nation-wide rollout. ARTT is aiming to be the leader in outsourced 100 Mbps Internet service. Consumers have been slow to upgrade from standard dial-up Internet access to Broadband access. High bandwidth is just starting to get some momentum. Forrester research predicts that the market for bandwidth, greater than 45 Mbps, will grow from $250 million in 1998 to $17 billion in 2003. The growth of streaming media on the Internet has sparked considerable interest in high-speed access. Streaming media and real-time applications have given large corporations, Internet start-ups, and even end-users a reason to move to some form of Broadband Internet access. The trend toward higher bandwidth can be compared to the trend toward higher processing speeds in the microchip industry. Internet software and applications will drive the demand for bandwidth just as computer software has driven processing speeds for chips. Just look at what has happened to Internet access in the last year. Remember when 56k Internet access was a big deal?