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Technology Stocks : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (1391)	12/12/1999 4:01:00 AM
From: pat mudge	Respond to of 2347

December 10, 1999 Dow Jones Newswires Certifications Expand Com21's Market, CEO Says NEW YORK -- Certification for two cable modems announced Friday will open new markets to Com21 Inc. (CMTO), the company's chief executive said. In a CNBC interview Friday, Fenner said Com21's market will now include companies that prefer certified modems including AT&T Corp. (T), Cox Communications Inc. (COX) and Time Warner Inc. (TWX) Fenner said he expects the company's revenue to exceed $100 million a year in the near future. The cable industry is competing with digital subscriber line, or DSL, providers, which supply high-speed Internet access over telephone lines rather than cable lines. "It's exciting for us to see how the DSL market is driving cable companies to move more rapidly than they otherwise would," Fenner said. Asked if the standard will end up to be cable or DSL, he said, "I think cable is king right now, I think all of them will eventually get pieces of the market."

To: Techplayer who wrote (1391)	12/12/1999 5:52:00 AM
From: lml	Read Replies (3) \| Respond to of 2347

briand: The runnup in CMTO prior to certification was impressive. I figured that stock was poised to move roughly from 25-30 once certification was received, & stated so on the RB Board a couple weeks ago. See ragingbull.com and ragingbull.com Here we are two weeks later & we have our certification, after some interesting market manipulation. What is noteworthy from my perspective were comments made by Fenner on CNBC indicating the prospect of new domestic business with several major MSOs following CableLabs certification. Fenner's comments was news to me since I was unaware of any significant business that would possibly be made available to CMTO immediately following certification. I think the market will be waiting to hear further news on this front. Nevertheless, IMHO, positive news beyond certification is what is necessary to propel the stock north of 30 with conviction. It could happen this month if Fenner makes any substantive announcement at next week's Western Cable Show. Just speculation, but you wanted my opinion.