To: Mark Fowler who wrote (91490 ) 1/19/2000 2:51:00 PM From: H James Morris Read Replies (1) | Respond to of 164684
Mark, I like this stock. I got pre-ipo shares and bought some more in the after market. We'll see. >ARC Partners with Qwest to Offer Small and Medium-Sized Business Customers Broadband Access to the Qwest Internet Backbone and Internet Solutions DENVER, Jan. 18 /PRNewswire/ -- Qwest Communications International Inc. (NYSE: Q), the broadband Internet communications company, today announced that it has finalized an agreement worth approximately $14 million with Allied Riser Communications Corporation (Nasdaq: ARCC). Under terms of the agreement, Qwest will provide ARC its portfolio of broadband Internet solutions which ARC will sell directly to business customers located in commercial office buildings in major markets across the United States. ARC, a leading provider of broadband data, video and voice communications services, will now offer its business customers a full suite of Qwest Internet solutions including high-speed dedicated Internet access, private line services and collocation. In addition, ARC's membership in the Qwest Business Partner Program (QBPP) will allow ARC to provide its customers with long distance, Web and application hosting and other complementary services through Qwest's unmatched Application Service Provider (ASP) offerings that incorporate relationships with industry leaders including Microsoft, Hewlett- Packard and Cisco Systems. "Our agreement represents the first true opportunity for Qwest and a member of its Business Partner Program to offer cutting-edge broadband Internet solutions to small and medium-sized business customers over a world- class network," said Roger Attick, Qwest's senior vice president of alternate channel markets. "Qwest and ARC have initiated a new partnering model that meets customers growing demand for bandwidth, while delivering industry- leading solutions in a timely and secure manner that ultimately will drive increased revenues and lower their operating costs." Dallas-based ARC currently offers customers in 22 major metropolitan areas an unmatched Internet services infrastructure, featuring ARC OpticNet(TM) ultra high-speed Internet access, business-oriented television for display on computer desktops, enhanced conference calling services and other broadband data solutions. ARC delivers these services over fiber optic networks that it designs, constructs, owns and operates inside office buildings, leaving customers with no need to purchase equipment, no long-term contracts and exceptionally fast provisioning. With its membership in the QBPP, ARC will gain access to solutions including Microsoft Windows 2000-based on-line office applications, electronic commerce packages, advanced business video communications, video on demand services, and real time media distribution. As a single-source, Internet solutions provider, Qwest will deliver these solutions on a range of platforms over its high-speed fiber-optic network, while leveraging Qwest's high-end CyberCenters which incorporate Hewlett-Packard's server and storage solutions and Cisco Systems' networking router offerings. "We are excited to be a partner of Qwest in providing these value added services to our customers," said John Todd, ARC's President and Chief Operating Officer. "This unique partnership truly brings the power of fiber optic based services directly to the small and medium-sized customer." About Allied Riser Communications ARC is a facilities-based provider of broadband Internet, data, video and voice communications services targeting small- and medium-sized businesses. ARC delivers services over fiber-optic networks that it designs, constructs, owns and operates inside large- and medium-sized office buildings. ARC's Internet access services provide a direct "always-on" connection to the Internet at speeds more than six times faster than T-1 and DSL lines and up to 175 times faster than standard dial-up service. Over this infrastructure, ARC offers ultra high-speed Internet access, enhanced conference calling services, and other broadband data services. >ALLIED RISER COMMUNICATIONS CORP COM(ARCC) Bid: 24 3/16 BidSize: 3 Open: 23 11/16 Ask: 24 3/8 AskSize: 10 Close: 22 5/16 Last: 24 1/8 High: 24 13/16 Div.: 0.00 Change: +1 13/16 Low: 22 5/8 Yield: 0.00 A.High: 26 1/8 P/E: 644.98 Volume: 1364000 A.Low: 15 1/8 EPS: -8.09 Market :NASDAQ NM Tick: Up