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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Warren Gates who wrote (1518)	6/28/1998 2:47:00 PM
From: Frank A. Coluccio	Respond to of 12823

Warren, All, From the AT&T thread. You may want to note a weird sense of editorial slant dealing with T's financials as a result of the merger announcement in the middle of the product release. I'm not sure if that was edited or not on the T thread, but it looks a bit out of place. Message 5042843 Any thoughts regarding this announcement? Frank =========== Khamsin Technologies Offers AT&T 'The Last Mile' ARLINGTON, Va., June 28 /PRNewswire/ -- Khamsin Technologies has publicly announced that its proprietary, last mile cable system can for the first time, provide significant, two-way bandwidth for the last mile of the nation's telecommunications systems. Khamsin's last mile cable system can deliver simultaneously Dual 622 Megabits per second in both directions - ''downstream'' and ''upstream.'' The system includes a switch at the business or home for routing signals to the appropriate device. Khamsin Technologies and its Chief Scientific Advisor, Mitchell Cotter of New World Paradigm Ltd. spent over 5 years solving the last mile bandwidth problem which has been a struggle for the Baby Bells and other telecommunications companies. ''For years the communications business improved the quality and speed of transmission between cities, but not much was done to improve the physical connections from businesses and homes to nationwide networks. That's like building superhighways between cities while ignoring the on-ramps,'' said Cotter. At present cable TV modems can deliver no more than 10 Megabits per second ''downstream'' and only Kilobits ''upsteam.'' Khamsin's cable system will be able to deliver 622 Megabits electrically in both directions simultaneously - sixty two times faster than cable modems. The AT&T-TCI merger is the first real glimpse of the potential of a 21st century telecommunications system with the objective of a single communications connection to the user for Voice, Video, Data (Internet) and Video Telephony. There are some unanswered questions about the merger. Those unanswered questions are reflected in the roiled financial waters caused by the announcement of the merger. The Market's concerns are reflected by AT&T's stock price drop of fifteen percent from the time of the merger announcement to the close of trading on June 26th, but the real measure of concern appeared in the trading volume. Over 61 million shares of AT&T's stock were traded from June 24th through June 26th, a huge increase over the 3 million shares traded daily earlier in the month. ''Many people understand that TCI's cable system needs massive improvement before AT&T can physically deliver real bandwidth over the last mile that consumers are concerned about,'' said John Taylor, CEO of Khamsin Technologies. With the Khamsin last mile cable system, the subscriber will be continuously connected to the network and can receive simultaneously High Definition Digital TV, Internet services, Video Telephony and four or more voice channels at very low cost. Khamsin's cable system is compatible with all types of networks. With Khamsin's last mile system AT&T has the opportunity to profoundly change telecommunications in the 21st century. Khamsin Technologies is a company dedicated to last mile systems - from the local node to and inside the user's premises. New World Paradigm Ltd. specializes research and development of commercial products for the telecommunications, video entertainment and computer industries. SOURCE: Khamsin Technologies