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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (2413)	7/9/1998 3:04:00 PM
From: Robert Scott	Read Replies (1) \| Respond to of 29970

Can you believe this bull***t: cnnfn.com " Of particular interest to executives was the issue of the "last mile," which refers to communications traffic between switching stations and homes or offices. Typically, local telephone-service providers have had a lock on the last mile. The Telecommunications Act of 1996 calls for local and long-distance providers to open their markets gradually to competitors. Several executives alluded to recent mergers, such as the one between AT&T Corp. (T) and Tele-Communications Inc. (TCMOA), as alliances that would stifle competition by denying others access to the last mile." Who's the competition? I thought it was the RBOCs and so this comment is clearly from a RBOC executive who is determined to not permit competition. Once a local provider is available, I will switch because the RBOCs have stifled every attempt to have competition and have kept their rates, especially business rates, rediculously high.