Ron,
COX is one of the original 3 cable company consortium that started deploying @Home (ATHM). They also deploy @Work (ATHM). COX has a vested interest in ATHM. ATHM is and will make much money of COX's deployment.
I can't give you investment advise, but I will tell you I'm long on both ATHM & COX. Also will give you some starting points for research.
cox.com
Web sites:
cox.com
home.net and home.net
COX Press Releases:
cox.com
Here is an old news release about COX and ATHM (@Work). COX had already been deploying @HOME.
REF.:
@Work Announces Agreement With TCI, COX, and Comcast For Turnkey, High-Speed
Telecommuting Solution via Cable Infrastructure
PR Newswire, Thursday, November 06, 1997 at 08:47
Focus on Fast, Secure, Affordable, Remote LAN Access Solutions for Corporate
America
REDWOOD CITY, Calif., Nov. 6 /PRNewswire/ -- @Work, the business-focused
division of @Home Network (NASDAQ:ATHM), today announced an agreement with
Tele-Communications, Inc.(TCI), Cox Communications, Inc. and Comcast
Corporation to develop, deploy and market @Work Remote -- a turnkey extension
of the corporate local area network (LAN) to telecommuters.
Using the latest advances in broadband cable modem technology, @Work
Remote is intended to provide business customers virtual private networking at
speeds substantially greater than existing remote access alternatives. Unlike
traditional telecommuting solutions such as telco circuits and ISDN that force
a corporation to integrate, maintain, and support a combination of multiple
vendors' modems, routers, servers, software, and communications services,
@Work Remote is designed as an integrated remote LAN access solution that
provides a business customer and its employees with a fully managed, secure,
high-speed, "always-on" connection between an employee's home and the
corporate LAN.
"Broadband to the home opens up a range of Enterprise applications that
were not possible before now," said Yobie Benjamin, Chief Knowledge Officer of
the Cambridge Management Lab, a division of Cambridge Technology Partners.
"The range of applications that can be supported grows exponentially as you
move from a casual dial-up to a dedicated broadband topology."
According to FIND/SVP, there are 11 million telecommuters -- those who
work at home at least one day a week -- today. Forrester Research predicts
that 50% of Fortune 1000 companies will have more than 2,000 employees
accessing their corporate LANs remotely by 1999.
"Through the combination of @Home's distributed network architecture and
the latest cable technology, @Work and its cable partners are uniquely
positioned to become the leaders and business drivers of the burgeoning
telecommuting market," said Don Hutchison, senior vice president and general
manager of @Work. "@Work Remote will meet the needs of both the corporate
employee working from home and the corporate IS professional responsible for
delivering a secure, high-speed, cost-effective data communications solution."
Leveraging the virtual private network capabilities of @Home Network and
the broadband, "always on" attributes of the cable partner's hybrid-fiber
coaxial cable infrastructure, @Work Remote is designed to provide users with
secure, high-speed access to their corporate LAN resources 24 hours a day. No
telephone dial up will be required and time consuming connection procedures
will be eliminated. The service will deliver comprehensive and reliable
end-to-end TCP/IP data connectivity between a business and its employees'
homes.
"@Home's intelligent network architecture provides @Work with a compelling
platform for high-performance business applications," said Milo Medin, vice
president network, @Home Network. "With our proactive network management
systems, we can ensure the quality of service from the corporate LAN to the
user at home."
@Work (www.home.net/work) leverages the @Home network backbone and
distributed information architecture to provide high-speed Internet access,
internetworking services and value added applications to businesses and
organizations. @Work offers connectivity via a variety of transport options
that include hybrid fiber coaxial and telco circuits. Through a combination
of @Home's unique distributed architecture and strong industry partnerships,
@Work delivers a network application platform for businesses looking for open
standard client-server and distributed object computing environments.
Based in Redwood City, California, @Home Network (www.home.net)
distributes high speed interactive services to residences and businesses via
its own network architecture and a variety of transport options. Since its
founding in 1995, @Home Network has reached affiliate agreements with eight
leading cable companies in North America including Tele-Communications, Inc.,
Comcast Corporation, Cox Communications, Cablevision Systems Corp., Rogers
Cablesystems Limited, Shaw Communications, InterMedia Partners and Marcus
Cable.
Tele-Communications, Inc. is traded through the TCI Group, the TCI
Ventures Group and the Liberty Media Group common stocks. Series A and Series
B TCI Group Common Stock (TCOMA/TCOMB); Series A and Series B TCI Ventures
Group Common Stock (TCIVA/TCIVB); and Series A and Series B Liberty Media
Group Common Stock (LBTYA/LBTYB) are traded on the National Market tier of the
Nasdaq Stock Market.
Cox Communications, Inc. (NYSE:COX) is among the nation's largest
broadband communications companies, serving some 3.3 million customers. As a
full service provider of telecommunications products, Cox offers an array of
services to its customers, including cable television under the Cox Cable
brand name; wireline telephone services under the Cox Digital Telephone brand;
high-speed Internet access via Cox@Home; direct-to-home satellite television
via PrimeStar by Cox; and advanced digital video programming services under
the Cox digital TV brand. Cox is an equity partner in Sprint PCS, the
nation's first wireless personal communications service (PCS); and is an
investor in numerous programming networks, including The Discovery Channel.
The editors of Cablevision Magazine, a cable industry trade publication,
recently named Cox "Operator of the Year" for the second time based on the
company's quality of management, customer relations, community service and
financial acumen. More information on Cox Communications can be found on the
Internet at www.cox.com.
Comcast Corporation (Nasdaq: CMCSA CMCSK) is principally engaged in the
development, management and operation of wired telecommunications including
cable television and telephone services; wireless telecommunications including
cellular, personal communications services and direct to home satellite
television; and content through principal ownership of QVC, the world's
premier electronic retailer, through C3 (Comcast Content & Communications),
through majority ownership of Comcast-Spectacor and a controlling interest in
E! Entertainment and through other programming investments. The Company's
consolidated and affiliated operations serve over ten million customers
worldwide.
Comcast's Class A and Class A Special Common Stock are traded on The
Nasdaq Stock Market under the symbols CMCSA and CMCSK, respectively. More
information on Comcast Corporation can be found on the Internet at
www.comcast.com.
This press release contains forward-looking information within the meaning
of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the safe harbors created by
those sections. These forward-looking statements include statements relating
to: the Company's and its cable partners' ability to effectively develop and
deploy the @Work Remote service in such a way to ensure cost effective, fully
managed, secure, high-speed, 24 hour a day access to corporate LANs from
residences; customer acceptance of the @Work Remote service; and the range of
applications that can be supported utilizing the broadband capability of the
cable infrastructure and the Company's network capabilities. Actual results
may differ materially. The matters discussed in this press release also
involve risks and uncertainties described from time to time in @Home's filings
with the Securities and Exchange Commission (SEC). In particular, see "Risk
Factors" in the Final Prospectus for the Company's initial public offering
filed with the SEC on July 11, 1997. @Home assumes no obligation to update the
information contained in this press release.
NOTE: @Home Network, @Home, @Work, @Work Remote and the @ logo are
trademarks of @Home Network and may be registered in certain jurisdictions.
All other brands and products are trademarks of their respective companies.
SOURCE @Home Network
-0- 11/06/97
/CONTACT: Matt Wolfrom of @Home Network, 650-569-5195, or
mwolfrom@corp.home.net/
/Web site: home.net and home.net and
comcast.com and cox.com
Companies or Securities discussed in this article:
Symbol
Name
NASDAQ:ATHM
NYSE:COX
Cox Communications'A'
NASDAQ:CMCSA
Comcast Corp Cl A
NASDAQ:CMCSK
Comcast Corp Cl A Spl |
