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Technology Stocks : Williams Communications Group - WCG -- Ignore unavailable to you. Want to Upgrade?


To: Manx who wrote (170)10/22/1999 3:11:00 PM
From: MangoBoy  Respond to of 609
 
Fiber barons doing well today, probably due to good LVLT results, SCMR IPO hype, and overall market strength.



To: Manx who wrote (170)10/22/1999 3:34:00 PM
From: pat mudge  Respond to of 609
 
A couple mentions:

biz.yahoo.com

redherring.com (towards the end)

The 30-day lock-up for underwriters will be up in little over a week and this may be having an affect.

Just a guess ---

Pat



To: Manx who wrote (170)10/22/1999 9:10:00 PM
From: Michael W. Brom  Read Replies (1) | Respond to of 609
 
Manx,

the quiet period will be ending next week, i believe, and rumors are that analysts will be positive on the stock. i'm a firm believer. this stock will do well at least in the short term for a nice pop. it will be fine in the long term, too, but now is a good time to be a shareholder.

michael



To: Manx who wrote (170)10/25/1999 9:39:00 AM
From: pat mudge  Respond to of 609
 
I missed this when it came out on the 20th:

TULSA, Okla., Oct. 20 /PRNewswire/ -- Williams Communications Group, Inc. (NYSE: WCG), a national provider of telecommunications products and services for the carrier marketplace, announced today it is offering Dedicated Internet Access at bandwidth options of T-1 and T-3. Dedicated Internet Access is the first product in a planned suite of private label Internet transport services
Williams Communications will be rolling out for its wholesale customers to market to their end-users. Williams Communications announced its entry into the IP transport market in January with the launch of ISP Transit Services on
its nationwide fiber-optic network.

Williams Communications' Internet strategy is to deliver a suite of Internet services by combining traditional wholesale products, such as high bandwidth peering and transit, with a full-service product set offered for
carriers to market under their own brands. Potential customers of Williams Communications' IP network services include Internet Services Providers, Resellers, Network Service Providers, Incumbent Local Exchange Carriers,
Competitive Local Exchange Carriers, International Post Telephone & Telegraph administrations and other providers who require T-1 or higher connectivity to the Internet for their end-users.

Williams Communications' IP services are designed to enable wholesale customers to expand their market share through geographic expansion and product extension. As with Williams Communications' ISP Transit Services, Dedicated Internet Access services are integrated with the Williams Multi-Service Broadband Network(TM) backbone, providing both packet-based data and switched voice services.

"Williams Communications' IP offering addresses the changing needs of today's Internet marketplace as the industry prepares to meet the challenges of converged voice, data and video networking. This IP offering, coupled with Williams Communications' next generation, multi-service network, enables us to facilitate the growth and success of our IP wholesale customers," said Frank
Semple, president of Williams Network.

Williams Communications' nationwide fiber-optic network has 19,500 route miles in service, 22,400 miles of fiber in the ground and plans to complete more than 33,000 route miles connecting 125 cities by the end of 2000. The Williams Multi-Service Broadband Network(TM) is an integrated fiber-optic network whose architecture couples ATM core switching with advanced optical networking technologies to provide carriers with data, voice, video and Internet services over the platform they choose. Using OC-192 transport systems with Dense Wavelength Division Multiplexing, the Williams network operates in two directions on a single fiber, delivering up to 80 Gbps in eight waves in each direction.