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Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?


To: Hiram Walker who wrote (312)6/10/1998 8:33:00 AM
From: John F Beule  Respond to of 615
 
Great article! He who controls the last mile will be king, and that is the HUGE potential of Nextlevel Ltd. Be glad we own it within the GIC corporation. When Nextlevel Ltd gets spun off, eventually this will happen, stockholders will be richly rewarded.



To: Hiram Walker who wrote (312)6/10/1998 8:58:00 AM
From: flickerful  Respond to of 615
 
terrific article, hiram...thank you.

this should sweep GIC along with supercomm energy and
reinforce dsl as a full service enabler, rather than just speed
enhancer...

"For the first time, the carriers have a fiber-rich technology that leverages the last mile," says Bill Weeks, vice president for technology at NextLevel Communications, the privately-held entity that joined forces with General Instrument Corp. to form NextLevel Systems Inc. in '96 and has now been spun off to continue its focus on the telephone industry. "Until VDSL showed up, any fiber technology that came on the scene required ripping up backyards. Now, telcos can place the electronics at a feeder-based interface and enter the broadband market quickly."