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Technology Stocks : Harmonic Lightwaves (HLIT) -- Ignore unavailable to you. Want to Upgrade?

To: Scotsman who wrote (1903)	1/26/1998 9:53:00 AM
From: Hiram Walker	Read Replies (1) \| Respond to of 4134

Scotsman and all, great news from New Media and CVUS. This could be the big tsunami for HLIT to ride. Cellularvision USA Intensifies Internet Focus in 1998; SuperCharge(SM) Feature Added to SPEED(SM) Service NEW YORK, Jan. 26 /PRNewswire/ -- CellularVision USA (Nasdaq: CVUS - news) announced today it will be focusing its near-term growth strategy on bringing its unique, super high-speed Internet access services to market. As part of this strategic focus, the company also announced that it is now marketing SuperCharge(SM), a new feature that will be offered in conjunction with its previously introduced Internet access product, SPEED(SM). CVUS' SuperCharge(SM) service allows residential and business Internet users to ''supercharge'' their existing Internet access service by integrating SPEED(SM), a 48,000 Kbps wireless modem, with their existing Internet access service. SuperCharge(SM) customers can use any Internet Service Provider (ISP) they select, and ISPs can team with CVUS to enhance the services they offer to clients without upgrading their own systems. The SuperCharge(SM) service will be offered at a fraction of the cost of other Internet delivery services offering comparable speeds. Additionally, the wireless nature of CVUS offerings means fast installation. ''This revolutionary service will be incredibly attractive to businesses and individuals who are looking for high-speed Internet access at an affordable price,'' added Shant Hovnanian, chief executive officer of CVUS. As part of the intensified focus on its Internet business, CVUS has shifted sales and marketing resources from its wireless multi-channel television operations to the Internet product and service offerings. In addition, the subscription television sales, marketing and operations forces have been reduced by 43 people. This action will allow the company to concentrate its immediate resources on bringing its Internet access services to market. Gary MacGregor, vice-president of sales and marketing for CellularVision of New York (CVNY), since 1995, has taken on the additional responsibility of marketing the company's Internet service. Previously, MacGregor shared marketing responsibilities with Bruce Judson who has left the company. MacGregor has over 23 years of marketing experience in the cable television and broadband wireless industries. Tim