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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (16743)	7/22/1998 12:00:00 PM
From: Moonray	Respond to of 22053

Yah, I caught that too. Kinda makes you wonder if he knows what he is talking about.<g> Not only that, half the company is USRX. The company WHO founded?? <eom> o~~~ O

To: Scrapps who wrote (16743)	7/22/1998 12:56:00 PM
From: Moonray	Respond to of 22053

High-speed Net service gets new competitor San Jose Mercury - Posted at 8:43 p.m. PDT Monday, July 20, 1998 A Canadian communications company has jumped into the increasingly crowded Bay Area market for high-speed Internet services, using airwaves once reserved for a competing version of cable TV. Wavepath, a subsidiary of Montreal-based Le Groupe Videotron Ltee., began a wireless high-speed service July 1, using a transmitter on Monument Peak near Milpitas. For now, its service is available only through Slip.Net, an Internet service provider based in San Francisco. Videotron originally planned to offer wireless cable TV service in the Bay Area, but it shifted its sights from video to data last year, said Donna Nims, director of sales and marketing for Wavepath. Unlike satellite TV services, Earth-based wireless cable transmissions have yet to take off as a technology, and many of the companies licensed to use those airwaves are trying to break into the Internet access business instead. Wavepath and Slip.Net are targeting small- to medium-size businesses, with prices starting at $200 per month for a continuous connection to the Internet or corporate data network. For $400 a month, the connection is about 30 times the speed of the fastest conventional modem. The service's prices are far higher than the $40 per month that Tele-Communications Inc. charges for its high-speed cable modem service, but TCI has yet to offer the service in most of the Bay Area. The Wavepath service also guarantees its speeds, unlike the TCI service, whose speeds may drop as the number of users in an area increases. Those prices and speeds are in line with the new high-speed phone lines offered by Pacific Bell, Covad Communications Co. of Santa Clara, NorthPoint Communications of San Francisco and a handful of other companies. Because of distance limitations, however, those lines are not available as widely as a wireless service could be. Only one other company in the Bay Area, Innetix Inc. of San Jose, offers high-speed wireless data services. Innetix's price for its top-speed service is more than twice what Slip.Net plans to charge for the Wavepath service. One other company offering high-speed wireless Internet access, Warp Drive Networks of San Jose, went out of business in February after less than a year in operation. The problem with Warp Drive's service, several observers said, was that users could only receive data at high speed, not transmit it. Initially, Wavepath's service will be available from Fremont south to San Jose and Los Gatos and north to San Carlos. By mid-August, the company hopes to spread its service into San Francisco, Oakland and other parts of the Bay Area through a transmitter on San Bruno Mountain, said Carl Miller of Slip.Net. To use the Wavepath service, users have to mount a 12-inch satellite dish with a clear view of the nearest transmitter. o~~~ O

To: Scrapps who wrote (16743)	7/22/1998 3:14:00 PM
From: Moonray	Read Replies (1) \| Respond to of 22053

Greenspan cautions about high-flying market Posted at 9:20 a.m. PDT Wednesday, July 22, 1998 WASHINGTON (AP) -- Federal Reserve Chairman Alan Greenspan is again raising warning flags about the high-flying stock market even as he offers reassurance that the U.S. economy is strong enough to withstand spillover from Asia's economic turmoil. sjmercury.com Guess GrimSpam has no COMS. o~~~ O