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 : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (35671)	2/21/1998 10:36:00 AM
From: Glenn D. Rudolph	Respond to of 61433

***OT***** Advanced Wireless Technology Makes High-Speed Internet Service & Cable TV Available Locally Business Wire - February 20, 1998 21:09 %ADVANCED-WIRELESS-TECH ATEL %OREGON %COMPUTERS %ELECTRONICS %COMED %INTERACTIVE %MULTIMEDIA %INTERNET %TELECOMMUNICATIONS %PRODUCT V%BW P%BW PORTLAND, Ore.--(BUSINESS WIRE)--Feb. 20, 1998-- The Portland office of American Telecasting -- one of the nation's largest wireless cable operators -- now offers this bundled service to local businesses and residents Wireless Internet service with speeds starting at 750 kilobits per second is now available to Portland and Vancouver area businesses. The Portland office of American Telecasting began offering the service -- called WantWEB -- last month and already the company has been inundated with new customer requests for service. WantWEB's high-speed Internet access allows downloading of Internet files at a rate of one megabit per second, which is 26 times faster than a standard 28.8 kilobit per second (kbps) modem. "It takes two minutes to download a 10Mb file with WantWEB, while a 28.8 kbps modem would take 49 minutes to download the same amount of data," said Lee Gunnar Haglund, the Western general manager of American Telecasting. Haglund added that wireless connectivity involves direct, line-of-sight microwave technology that sends signals from the KGON tower to a small antenna mounted on the customer's roof. "Portland area businesses have been demanding an affordable and timely way to speed up access to the World Wide Web. WantWEB is fast, and it's here now. The WantWEB service gives local businesses the ability to easily move into the next century. This advance in technology is like going from the Pony Express to cellular phones," said Haglund. For extreme speed, customers now also have the option of bundled Internet and wireless cable television services without the need for a converter box. The bundled service costs just $69 a month for residences. "High-speed Internet service and wireless cable represent the logical evolution of the marketplace because they give consumers reliable, high-value alternatives to more expensive services," said Haglund. WantWEB's offices are located at 11755 SW Third Street in Beaverton. The company is owned by American Telecasting, Inc., one of the nation's largest operators of wireless cable systems that serves customers in 33 states. WanTV, American Telecasting's cable TV product, has established Oregon offices in both Medford and Bend. Based in Colorado Springs, Colorado, American Telecasting is publicly traded on NASDAQ under the symbol ATEL. More information can be obtained by calling 503/520-WANT (9268). CONTACT: Advanced Wireless Technology Monique Barton, 503/226-2721 or Lee Gunnar Haglund, 503/520-WANT (9268) or home.pdx.wantweb.net

To: blankmind who wrote (35671)	2/21/1998 10:38:00 AM
From: Bindusagar Reddy	Respond to of 61433

These guys can be dead wrong just like longs. That's what makes investing interesting. I am surprised they are short BSX, if you look up the insiders bought about million shares recently. As far as the reasoning they don't see the future communication revolution. They are going to loose their shorts by shorting companies like BSX, ASND.These companies have no debt. They are leaders in their business. You can not put them in the same league as BOSTON chicken. These people are morons who can not tell the difference. rbrsom might be one of this guy's friend. There are more overvalued companies in the market to short that are not in growing industries. I would not put my penny with these guys for long term investment. My few cents about the Barron's article.

To: blankmind who wrote (35671)	2/21/1998 10:38:00 AM
From: Edward J. Edwards, III	Read Replies (1) \| Respond to of 61433

Looks like if they shorted asnd in march of last year that the best price they could have is 59.75; I hope they covered around 22, if not and they are still holding asnd they must be feeling a little uncomfortable too. Ted

To: blankmind who wrote (35671)	2/21/1998 11:26:00 AM
From: username	Respond to of 61433

LOL! these guys need to look at the chart, IMVHO.