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To: wlheatmoon who wrote (59)12/2/1999 12:04:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 2850
 
QWST fiberoptics news.
Qwest Communications to Deliver Next Generation Internet Services
11/29/99 Denver-based Qwest Communications International Inc. plans to rollout an all-optical
network that will enable a host of new Internet and customer-managed bandwidth services while
reducing operation costs by as much as 70% over traditional network technologies. Slated for
deployment in the first half of 2000, this expansion of Qwest's 18,500-mile completed fiber network
decreases the number of network connection points up to 90% and provisioning times by as much
as 95%.

The all-optical network allows Qwest to upgrade its CyberCenters and Internet Protocol (IP)
backbone to OC-192. OC-192 carries traffic at up to 10 Gigabits-per-second, enabling a range of
ultra-high-bandwidth multimedia services for customers. The network will have the capacity to
transmit multiple-terabits of digital information coast-to-coast within seconds. For example, the
network could simultaneously carry the traffic generated by 300,000 broadcast channels?more
than 100 times the number of channels available worldwide today?and still have capacity to
spare.

By leveraging multiple fiber capacity in its existing 18,500-mile network, Qwest plans to begin
delivering new optical network services early next year without any disruption to the performance of
the current network.



To: wlheatmoon who wrote (59)12/2/1999 12:19:00 PM
From: John Pitera  Read Replies (1) | Respond to of 2850
 
CHTR-- Broadband -- Cable -- Paul Allen's Wired World

Mike, I was thinking the same thing last night, I think the only thing that has kept the really Mo-Mo players away, is the 170 million float, not exactly in Kim's <5 million float parameter.

----------------------------------------------------

Allen's Vulcan lives long and prospers
Billionaire's venture arm lifting heavier weights

By Steve Gelsi, CBS MarketWatch
Last Update: 2:41 PM ET Nov 11, 1999 IPO Report
Commentary

NEW YORK (CBS.MW) -- Zillionaire Paul Allen loves to spend his money on fun stuff like dating model Jerry Hall, buying the Seattle Seahawks or building the Jimi Hendrix museum.

Paul Allen

"We're not just breaking ground in specific technologies, but also in the way we invest and our approach to developing these investments."


But the real passion for the world's third richest man seems to be startups and initial public offerings.

Allen, worth about $30 billion according to Forbes, is the richest guy on the planet next to Bill Gates and Warren Buffett.

Setting up a fund named after the planet Vulcan -- the home of the Star Trek character Spock -- Allen's activity has picked up in recent months.

Last month he put a whopping $1.4 billion into RCN (RCNC: news, msgs) as part of his overall drive to own as much pipe as possible to deliver broadband content. See related story.

Biggest Gamble

His biggest gamble to date is his $3.2 billion initial public offering for cable TV giant Charter Communications (CHTR: news, msgs), which weighed in as one of the largest IPOs with a hefty float of 170 million shares offered at $19 each. The stock has already racked up solid gains after rising 19 percent on their opening day. See IPO Daily Report



"He's spent a lot of time thinking about this, and cable TV is where he's placing his bet," said Michael Yagemann, a Greenwich, Conn. investment banker who advises Allen. "It's one of the cornerstones of his investment portfolio."

With a successful IPO for Charter under his belt, Allen's challenge to put all the pieces together and execute his plan.

And there are a lot of pieces.

Allen's Web site, which charts his wide holdings, lists dozens of investments while espousing his "wired planet" credo:

"As our strategy evolves, we are pioneering a support structure that the business world hasn't seen before," Allen said. "We're not just breaking ground in specific technologies, but also in the way we invest and our approach to developing these investments."

Dozens of investments






Jesse Reyes, managing director with Venture Economics, has tracked dozens of Allen investments, from music specialist Liquid Audio (LQID: news, msgs), Oxygen Media, Priceline (PCLN: news, msgs), Stamps.com (STMP: news, msgs), Value America (VUSA: news, msgs) and many others.

Others include Beyond.com (BYND: news, msgs) and Drugstore.com (DGST: news, msgs), Northpoint Communications (NPNT: news, msgs), 800.com, Click2Learn; even random ones like Dick's Clothing and Sporting Goods.

Reyes has tracked at least 41 investments worth roughly $600 billion by Vulcan, mostly in California and Washington State, not counting his big investment in RCN.

"He's using all his own money. He's like a gigantic angel investor," Reyes said. "He's made the right plays, the question is where and how he exits."

Money green

If all goes according to plan,( sounds like Dr. Evil -g-) Allen will be able to weave his content and e-commerce investments together and then use them to enrich the huge pipe into homes that he's building.

He'll then be in a position to profit not only from the content, but also as big toll collector on the broadband information highway.

Already a very rich man, Allen stands to make so much money his blood might turn green, just like Spock's. Or maybe he'll make his old buddy and sometime rival Bill Gates green with envy. Either way, he'll impress Jerry Hall.



To: wlheatmoon who wrote (59)12/2/1999 2:04:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 2850
 
CHTR gave a P&F buy signal today...yes, it is time.