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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Murphy who wrote (933)	3/1/1998 9:07:00 PM
From: AJ Berger	Read Replies (2) \| Respond to of 2843

IBD Writing about WavePhore Gosh, I wish someone would transcribe it here. Some tidbits from IBD that will also help our cause: There's one big catch: You may not be able to find cable Internet service. And it may stay that way for a long time. It is now offered in relatively few cities. About 100,000 subscribers have signed up. Cable TV companies face several hurdles in increasing their service reach. The communications equipment that delivers a cable TV signal was built for one-way connectivity - with the local operator sending information to customers. To offer Internet access, these service providers need to upgrade their equipment to support two-way communications. That represents a major investment and requires the companies to install new lines. Lisa Pelgrim, senior analyst with Dataquest Inc. in San Jose, Calif., estimates only 20% of existing cable TV lines could support two-way communications. The rest will have to be built from scratch. Another problem is that cable companies initially targeted residential areas for their services. Consequently, they may not offer Internet access in business districts. But that problem is expected to disappear eventually, companies say. MORE TIDBITS: The company, in further scaling back the service, will stop producing its own entertainment programming for the Microsoft Network and cut 40 jobs. The move comes as Microsoft focuses on the broader Internet, trying to draw more World Wide Web surfers to its popular Web sites and services. Microsoft has lost money trying to entertain users of its proprietary network with programs that never drew many users, analysts say.