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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: DubM who wrote (11766)	1/20/2000 5:49:00 PM
From: gabor boda	Respond to of 12468

Why is it that whenever this type of news comes out, the stock goes down? It is uncanny how over the years this situation has occurred. It appears that for the most part, tomorrow will be a shake out the JAN 80 CALLS and PUTS. The last 15-30 minutes should prove to be interesting. Regards

To: DubM who wrote (11766)	1/24/2000 4:04:00 AM
From: Edwin S. Fujinaka	Respond to of 12468

This article in the Japanese press caught my eye. It looks like NTT, the biggest Japanese phone company is going to deploy a Winstar type system in Japan. I am long a little Winstar and I usually don't post here, but I thought the article would be of interest. It should be noted that Softbank, Microsoft and Tokyo Electric Power are planning a wireless high speed internet service in Japan that will use the existing TEP fiber optics lines (on every power pole) and deploy a transmitter/receiver every few hundred meters on power poles. The frequency has not yet been allocated as far as I know. Anyway here is the NTT Story: Monday, January 24, 2000 NTT Affiliate To Offer Wireless, High-Speed Net Service TOKYO (Nikkei)--NTT-ME Corp., an engineering firm belonging to Nippon Telegraph and Telephone Corp. (9432), will offer from February a fixed-charge, high-speed Internet access service using wireless technology to residents of condominiums and other housing complexes, company sources said. NTT-ME will install dedicated circuits in housing units and erect mother antennas on rooftops to provide up to 1 megabit throughput -- a higher capacity than ISDN (integrated services digital network) and cable TV networks. Around-the-clock access will cost 3,900 yen per month. (Around $37/month) The service can be made available to existing condominiums through simple engineering work. The NTT affiliate aims for a clientele of 200,000 housing units in the initial year, the sources said. NTT-ME's engineers nationwide will be involved in setting up facilities. A joint venture will be set up later this month to manage the service, including air waves administration. The new company will be capitalized at 20 million yen, with wireless technology firm Callus Computer Corp. contributing 50% and NTT-ME 40%. The remaining 10% will come from Industrial Bank of Japan (8302) and its venture capital firm, the sources said. (20 million yen is under $200,000 which seems like chickenfeed to me). (The Nihon Keizai Shimbun Monday evening edition)