Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CAWS - Wireless Cable (New and Improved) -- Ignore unavailable to you. Want to Upgrade?

To: Wiski1313 who wrote (4430)	1/12/1998 8:18:00 AM
From: webpilot	Respond to of 5812

We do not hear a mention of anything. I repeat, who loaned them the money? Who is the "Investor" that will likely end up with all the assets?

To: Wiski1313 who wrote (4430)	1/12/1998 2:11:00 PM
From: Joseph Moran	Respond to of 5812

Ed, Re boston rollout. I think this was a trial of 2-way. I don't remember any announcement of a roll out. But you are correct, the compnay dosen't mention anything. Dosen't leave you with a warm feeling. The optimists seem to be numbering less and less. Joe

To: Wiski1313 who wrote (4430)	1/12/1998 4:11:00 PM
From: Joseph Moran	Respond to of 5812

Ed, From CAI's filing with the SEC Dec 30, 1997: " While the Company awaits the outcome of the FCC's proposed rulemaking, CAI has conducted commercial trials of its one-way Internet access service in its New York, Rochester, NY and Boston markets. This service is currently transmitting data at shared backbone speeds of 27 Mbps downstream and utilizes a telephony return path. As of November 30, 1997, the Company had approximately 200 participants in such trials. In connection with the Company's Internet strategy, the Company has engaged a national Internet consulting firm, Maloff Group International ("MGI"), and has appointed MGI's principal, Joel Maloff, as CAI's acting Senior Vice President and General Manager of Internet Services. In anticipation of being able to provide a two-way Internet access service, the Company is currently negotiating reseller/agency agreements with certain third parties, pursuant to which CAI would provide a two-way, wireless Internet access service to such third parties' customers. Definitive agreements with such third parties have not yet been finalized. The Company has successfully demonstrated telephony and integrated voice and data capabilities using its Boston digital system and in its New York market. The demonstrations, which have been for testing purposes only, have been operated at transmissions speeds equal to two times the transmission speed of basic rate interface ISDN lines. The Company has no plans to launch a telephony service on its own, and will only pursue this service in conjunction with a strategic partner. Joe