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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: JayPC who wrote (16034)	10/8/1999 2:40:00 PM
From: J Krnjeu	Read Replies (2) \| Respond to of 29970

Mr. Jay P Chesley, Or you could play ATT 79.95 for all of it. If the infrastructure is already in place for other cable applications, how much does it cost to provide long distance telephone? Not much. What if Long distance calls in the US were free as part of the package? Actually T has been talking about this since 1991. I know this because I worked at a REIT company then. T wanted to provide all 'utilities' to our residences, over 25,000 residences. The utilities includes telephone, long distance, cable and credit card for one service fee. We were working with them and wanted to go ahead but T had to back out because there was to many problems to overcome. The least problem was cable lines in our building because we had just installed them. GE was much further ahead of T and they had a few building running on this plan. GE had to bow out as they found out it was too expensive and was not making the profit margins projected. Even though technology has come a long way since then, the start of this kind of program is much further out than you think. Say, oh, 55 million cable customers (with its partners in @HOME), and millions more long distance customers. Many of whom at some point will watch TV, make phone calls, and surf the net via Cable. We found that over 99% of our residents had phone, only about 50% had cable. Phone has a much higher distribution than cable. There will be a much high distribution of DSL than cable. Next is wireless. This will start to eat away at the phone lines as well as cable. I believe this will become the standard of the future, how far not sure. From a business point of view, I would rather have access from several medias especially wireless for growth than just one. Wireless is the future, it makes much more sense. Thank You JK