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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: levy who wrote (25767)3/30/2001 7:57:27 AM
From: Carolyn  Respond to of 28311
 
navigation.helper.realnames.com

Charter plans to introduce interactive television and Internet service through set-top box system
Peter Shinkle
Of the Post-Dispatch

In a bid to blend cable television with the Internet, Charter Communications Inc. said Thursday it will launch a new service aimed at improving the link between the two technologies.

Charter, which is based in Des Peres, said it has selected Liberate Technologies Inc. of San Carlos, Calif., to develop software for an interactive television and Internet service based on the use of a set-top box, a wireless keyboard and a remote control.

Charter also revealed that it already has tested the product in Charter employees' homes in the St. Louis area, and plans to extend its trial to the homes of about 200 consumers before deploying it.

"We're not doing a trial for trial's sake, we're trialing to deploy," Stephen Silva, Charter's senior vice president of corporate development and technology, said in a telephone conference with industry analysts and the media.

"The strategy is to get this product up and running in St. Louis and one other market by year's end," Silva said in an interview later.

Jerald Kent, Charter chief executive, has vowed to deploy the company's leading technology in St. Louis first.

Silva said Charter hasn't decided how much it will charge for the new service, but it has used focus groups in the St. Louis area to determine how it should function. For instance, customers can click on a remote to read e-mail on one part of the screen while they're watching a television show on the other.

"They never have to leave the TV experience to check their e-mail," he said.

That is a stark contrast with Worldgate, Charter's current product that fuses the Internet with cable television. With Worldgate, customers must go to a computer-style user interface to look for e-mail or do other activities on the World Wide Web, he said.

About 10,000 Charter customers subscribe to Worldgate, according to Charter.

In another improvement over Worldgate, the new product, which Charter has not yet named, will make it possible for consumers to view streaming media from the Internet. Worldgate does not support the protocols necessary to receive streaming music, movies or videos, Silva said.

The product will have a "news" button on the remote control and the wireless keyboard, giving the consumer one-click access to news, Silva said. And the devices will enable consumers to select streaming or text news accounts. Charter is in negotiations with several local news organizations about providing the news, he said.

Digeo Inc., 25 percent of which is owned by Charter, will develop other content and services for the new service.

Charter said the new service will work in connection with the next generation of set-top boxes currently under development by Motorola Inc. Charter has not announced which companies will produce the remote or the wireless keyboard.

Reporter Peter Shinkle:
E-mail: pshinkle@post-dispatch.com



To: levy who wrote (25767)3/31/2001 1:27:00 AM
From: 10K a day  Read Replies (1) | Respond to of 28311
 
>I don't understand why you blame Horowitz

My Gosh Man. This market took no prisoners. It took everybody out and shot them. It didn't matter who you were.

Sure they made mistakes. We all make mistakes. On to bigger and better things. Man,

when everybody is this beaten up. It doesn't really matter if you've got money or not. Jain's not happy sitting up their with his wad of cash. Not with everybody this beaten up.



To: levy who wrote (25767)3/31/2001 9:16:20 PM
From: Rational  Read Replies (1) | Respond to of 28311
 
This may be relevant (courtsey Yahoo! board)

Since broadband is a loss center of INSP, broadband technology elsewhere is not gaining any traction, and NJ has decided to eliminate most of the GNET staff, why would any one be surprised about the CTO-Broadband leaving?

Maybe he too was fired after INSP staff got hold of all the nuts and bolts of the technology!! If broadband were a very hot area, the CTO leaving and starting a new venture would steal INSP's business and that would be detrimental. I take ex-GNET employees' words with a pinch of salt. Maybe Horowitz should buy the broadband stuff from INSP if he was so excited about what he was doing.

About Horowitz making profits for GNET, you have to look at the latest INSP-S1 that gives all kinds of stock deals he had with so many dot.coms that have failed!

If the GNET-CTO has some worth for Digeo, then it is very good for INSP because INSP does not have to bear his expenses, while enjoying the benefits of his contribution to Digeo where INSP has 20% stake.

On October 1, 1999, Go2Net entered into an agreement with Charter
Communications and Vulcan Ventures to form Digeo, Inc. (formerly known as
Broadband Partners), a joint venture. We acquired Go2Net in October 2000.

Digeo intends to provide broadband portal services initially to
customers of Charter Communications, RCN Corporation and HighSpeed Access
Corporation, and potentially to other cable operators. Vulcan Ventures will own
55.2%, Charter Communications will own 24.9% and Go2Net will own 19.9% of
Digeo's capital stock. Vulcan Ventures is a minority stockholder of RCN
Corporation and High Speed Access Corporation and a majority stockholder in
Charter Communications. Vulcan Ventures, which held approximately 30% of
Go2Net's voting capital stock prior to its merger with us, holds approximately
6.7% of our common stock. In addition, William D. Savoy, one of our directors
and a former director of Go2Net, is President of Vulcan Ventures and a director
of Charter Communications.