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To: Alex who wrote (28669)11/14/1997 11:31:00 AM
From: Alex  Read Replies (1) | Respond to of 31386
 
Concentric networks and silicon valley!!

telechoice.com



To: Alex who wrote (28669)11/14/1997 12:06:00 PM
From: pat mudge  Respond to of 31386
 
[SBC and Alcatel]

Alex --

SBC is part of the Joint Procurement Consortium (JPC) that awarded Alcatel its ADSL contract over a year ago. It's no surprise Alcatel is supplying the modems. Let's watch to see if they're actually Alcatel's or if they're buying from someone else.

This has been a good week for ADSL and yet the market still doesn't recognize it. That's still to come.

Which brings to mind an article in today's IBD on William Paley that's worth reading:

<<<Misguided. Wasteful. Irresponsible. Not exactly words that would apply to a future media mogul.

Yet, that's what associates thought of William S. Paley in 1927, when he secretly diverted $500 to advertise his father's cigar company on a young medium called radio.

As it turned out, it was one of the best $500 investments ever made. Paley wasn't just trying to improve his father's sales, although he quickly did that. He was laying the groundwork for his own future, testing the force of United Independent Broadcasters, a new network for which he had big plans.

At the time, radio sales paled next to those of newspapers. But Paley wasn't concerned with current figures. He understood the power that the imme- diacy of broadcasting would eventually generate.

Within months of his test, Paley sold his stock in his father's company, bought the New York-based UIB and renamed it CBS - the Columbia Broadcasting System. . . .>>>

Cheers!

Pat