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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (761)11/25/1997 8:38:00 PM
From: FR1  Read Replies (2) | Respond to of 29970
 
Gary - Merrill Lynch points out that Cox, in its Nov 4th statement, reported that @Home subs increased from 2,880 at the end of Q2 to 7,788 at the end of Q3. Cox's installation is currently running at about 500 per week. Merrill Lynch has a long term buy for @Home and says "Expect @Home to end the year with 55,000 subscribers.". Note that Merrill Lynch was a underwriter for @Home but their research is still fairly accurate.
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Somebody please comment on: WorldGate (www.wgate.com)
Investors: Scientific Atlanta, Citicorp Technology Investments, Motorola, etc...
Financing: 12 million

Red Herring magazine quotes them as saying: "WorldGate is promising to deliver internet access to cable viewers at speeds ranging from 128.8Kbps to 27 mbps for only $4.95/month. WorldGate subscribers need only a set-top cable box (comes with the premium service from the cable provider) and a remaote control."