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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: Trey McAtee who wrote (8537)	12/23/1997 7:31:00 AM
From: g.w. barnard	Read Replies (3) \| Respond to of 21342

trey, i mg service right in westell's service territory and with an rboc(check out the pricing and claim of first clec to offer service)http://www.zdnet.com/zdnn/content/inwo/1222/265713.html. sure hope one of those contracts are announced soon. gw 1-Meg service deal enters final talks By Randy Barrett December 22, 1997 9:37 AM PST Inter@ctive Week Online Northern Telecom Inc. and a small Chicago-based Internet provider, Megsinet Inc., are in final negotiations to roll out 1-megabit-per-second modem service in 10 U.S. cities. Megsinet plans to offer the service in Chicago, Cleveland, Detroit, Las Vegas, Los Angeles, New York, Philadelphia, Pittsburgh, San Francisco and Washington, D.C., by mid-1998. If the deal is finalized, it will represent the largest deployment of the experimental 1-Meg modem technology to date. "This blows away ADSL [Asymmetric Digital Subscriber Line]," said Megsinet Chief Executive Officer Mike Henry. "A customer can be on the Net and talking on the phone at the same time on one line." Mainstream modems today, by contrast, transfer data at rates of about 28,800 bits per second. Megsinet is currently a regional provider. However, the company recently raised $1 million in venture capital from Capital Cable Corp. in St. Louis, and Henry is angling for an additional $7.5 million from other investors to fund his expansion plans. Megsinet also has filed to become a competitive local exchange carrier, a move, Henry said, that will make it possible to offer the 1-Meg modem service to home users. He predicted the service will cost about $60 per month (including a phone line) and that the modems will retail for about $199. "We will be the first [competitive local carrier] out there that has this solution to go to a residential market," Henry said. Nortel officials would not comment on the Megsinet negotiations, but the company has announced that Internet service providers (ISPs) will be a central part of its marketing strategy for 1-Meg modems and the switches that support them. The system uses a variant of Digital Subscriber Line technology to offer high-speed access along with advanced call-routing capabilities over standard copper telephone wires. Earlier this month, Nortel struck a $20 million deal with New York-based ISP Transwire Communications Inc. to offer the 1-Meg service starting in early 1998. Modem Makers Miss Holiday-Driven Market Access provider to offer XDSL based on Nortel 1-Meg modem Internet Connection Alternatives : Cable modems Last updated December 22, 1997 04:15:07 PM PT Even big guys play the name game DOJ says Microsoft doesn't need expedited hearing Apple evangelist hits the road Standard shows its true colors PM Investor: Tech roller coaster Blockbuster modem breakthrough Page One Headline Scan News Bursts

To: Trey McAtee who wrote (8537)	12/23/1997 11:54:00 AM
From: kenneth kountz	Read Replies (3) \| Respond to of 21342

[WSTL Buy Out] Trey: Isn't this internet technology great? Hope you are having a good vacation in Greece. For what its worth, with the current WSTL management, I too feel the competition will soon be looking to buy out the company. At a current price of near 10.5/share, it wouldn't take much more than the AMTX investment for some gorilla to gain hold of the firm. Its amazing to me how the fortunes of a company can change so quickly. A few months ago, the prospects looked so great for WSTL. Now it couldn't be dimmer. Management seems on hold, pending a resolution to Mr. Seaman's illness. No one seems to know a damn thing about the 3 mysterious contracts promised by Seamans some six months or so ago. The RBOC's are sitting on their backsides in so far as deployment goes. The situation certainly looks bleak enough for an outside firm to ride in with an offer of 15/share which I beleive would fly with the shareholders.