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To: riposte who wrote (29801)12/9/1997 9:51:00 AM
From: SteveG  Read Replies (2) | Respond to of 31386
 
<A> BW-Diamond Lane High-Speed Data Access System Launched to "Net Set" in Silicon Valley; CLEC Covad Deploying Diamond Lane System to Telecommuters

PETALUMA, CALIF. (Dec. 9) BUSINESS WIRE -Dec. 9, 1997--Silicon Valley corporate telecommuters won't be waiting in traffic on the Net, or
freeway, thanks to a new TeleSpeed(TM) service launched today by Santa Clara based-Covad using Diamond Lane(TM) Communications' high-speed data access delivery system.

This week, Covad Communications, a Competitive Local Exchange Carrier (CLEC), is announcing its TeleSpeed service which connects telecommuters to a corporate LAN at speeds up to 1.5 Megabits per second (Mb/s). The enabling technology is Diamond Lane's access system that allows voice and data to be carried over copper phone lines, using state-of-the-art ADSL-ATM (Asymmetric Digital Subscriber Line, Asynchronous Transfer Mode) technology.

"We're excited to be a part of delivering these new high-speed data services to Silicon Valley, the world's technology showplace," says Diamond Lane Chairman and CEO Jerry Parrick, "and we're extremely pleased to be selected as the system of choice for this hot new market competitor. We're convinced that Covad is meeting a tremendous need for today's data-intensive corporations who can now give their most
valuable knowledge workers fast LAN access without the commute."

The core of the Diamond Lane(TM) ADSL-ATM system is a Digital Subscriber Line Access Multiplexer (DSLAM) which routes data traffic from the end user modem through the telephone Central Office, enabling the telecommuter to connect to Covad's TeleSpeed service. With TeleSpeed, telecommuters can experience performance at their home office that is as good as what they experience at work on their corporate LAN.

Corporations will be able to provide their telecommuters with Diamond Lane-speed access for prices ranging from $90 to less than $200 per month.

"The affordability of the DSL service, using our technology, makes it extremely attractive to corporations looking for high bandwidth at low cost," says Parrick. "And telecommuters, interested in maximizing their personal productivity and time efficiency, will immediately benefit from the 'always-on' access that DSL provides."

"Competitive local exchange carriers such as Covad, we believe, are in the vanguard of companies who will bring high-speed DSL service to the marketplace. By the year 2000 we expect all of the Fortune 1000 companies to have DSL service available for their telecommuters,"
Parrick says.

Covad looked at several DSL vendors before making a choice and selected Diamond Lane because:
-- Diamond Lane's system is commercially ready; Covad will be able to turn up service to its customers in a matter of days
-- Diamond Lane's system is scalable, allowing CLECs to add subscriber lines as their business grows, without a large front-end investment
-- Diamond Lane's system is the first xDSL product in the world to be certified NEBS (Network Equipment Building System) compliant, giving CLECs the ability to place Diamond Lane equipment in the Central office without any market delays. Equipment placed in a Central Office must be NEBS compliant to meet fire, safety and emissions codes
-- Diamond Lane's system is flexible: its DSLAM is designed to accommodate all variations of line codes; CLECs with varied technology platforms will find they can all work with the Diamond Lane system.
-- Diamond Lane's technology is price competitive; the cost of the DSL chipsets and related equipment is being lowered, putting high speed access within the reach of today's career competitive power user. Diamond Lane's ADSL-ATM system is now installed in major markets on the East and West coasts in the United States, and in Europe and Asia.

"The need for high-speed data access is a worldwide phenomenon; there's no stopping user growth on the Net, and the numbers of people now choosing to telecommute. Service providers are now rolling out access with speed, using DSL technology," explains Parrick.

"Just as the emergence of the 'jet set' a few decades ago signaled the
emerging globalization made possible by new aircraft, today's 'net set' is defining what tools and capabilities are needed to ensure their personal competitiveness. Serving the net set is what a hot startup such as Covad is all about."

Covad, Parrick explains, is part of the growing numbers of CLECs,
competitive providers who are well-capitalized and poised to capture
the access market now that the Telecommunications Act of 1996 has
opened the doors to the Central Office.

By law, the Regional Bell Operating Companies (RBOCS), owners of the
Central Office infrastructure, must make space available to competitive providers. This new breed of provider is offering data access, or in some cases, voice and data service.

"It's a wide open market. What DSL does is allow the Covads of the
world to leapfrog the competition by giving their corporate customers
the highest-speed service available in the marketplace today," says
Parrick.

Diamond Lane's xDSL-ATM (Digital Subscriber Line), (Asynchronous
Transfer Mode) solution is the first commercially available system in
the marketplace -- with systems installed in more than a dozen major
market sites around the world -- and the most comprehensive xDSL system for high speed Internet access, enabling up to 6.272 Mb/s data
downloading over existing phone lines.

Diamond Lane Communications Corporation, a privately held company
headquartered in Petaluma, California, is a worldwide technology leader in xDSL solutions, enabling a variety of high-speed data applications via a DSLAM (Digital Subscriber Line Access Multiplexer) and an open Internet standards-based system of intelligent communications software.

Its mission is to enable network and service providers to offer the end user economical, high speed access to the Internet as well as other data services.

For more information contact Diamond Lane: phone 707/793-7000 or the
Web site at dlcc.com

CONTACT: Diamond Lane Communications
Jean Deitz Sexton, 707/793-7169 sexton@dlcc.com



To: riposte who wrote (29801)12/9/1997 1:58:00 PM
From: pat mudge  Respond to of 31386
 
[Orckit]

<<<About Orckit - seriously - any ideas why have they fared so well? I've been digging around, and just can't come up with any solid reasons.>>>

I think the float's pretty small compared to total. Lots of insiders hold, which probably gives it a stable base of support. Beyond that, Dick Davis gave it a big boost recently, and they have a great partnership with Fujitsu that includes a future with BT. AND, I think the company has earnings. Ask srvhap. He keeps up with the numbers.

As I've said many times, it's a big market and many will benefit. I don't think you can discount Orckit. And once they license. . .

:)

Pat



To: riposte who wrote (29801)12/10/1997 12:46:00 AM
From: srvhap  Read Replies (1) | Respond to of 31386
 
<<About Orckit - seriously - any ideas why have they fared so well? I've been digging around, and just can't come up with any solid reasons.>>

A couple; they just turned in their first q in the black, Lots of cash on hand, small float, large insider ownership, Great products, strong alliences (Rok, Siemans, Fujitsu, quality and production control (has always been central to the strategy), strong management. I think the only thing that Pat could even say negative about them is they haven't announced a license deal with TI/Amati (which I do believe will come).