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

To: Frank A. Coluccio who wrote (1865)	8/10/1998 11:37:00 AM
From: MikeM54321	Read Replies (2) \| Respond to of 12823

Thread, Here's a post I've been meaning to do for awhile. It's from ADC Telecommunications, Inc.(symbol: ADCT) 1997 annual report. It appears ADCT is a "last mile" dream company. I'm interested in hearing anyone's opinion of this company. They are definitely positioning themselves as a "pure-play" in the last mile game. But I'm not sure if it's all fluff or for real? I get this feeling they are a, "jack of all trades, master of nothing," type company. But I certainly could be wrong. Does anyone have any opinions about their products and/or reputation? Thanks, MikeM(From Florida) ___________________________________ "For all of its power, the global network is a hodgepodge of media-copper twisted pair, coaxial, and fiber optic cable and a variety of wireless systems over which messages cruise at light speed only to slow to a pedestrian pace scant yards from their destination, caught in the electronic molasses of local loop bottlenecks. Ironical, the existing networks were originally designed to be just so, optimized to support single application such as efficient two-way telephone conversations or one-way transmission of Hollywood hits to cable TV subscribers. But now comes the digital information age and the ever-increasing need to be connected, to get online, to move volumes of integrated digital information at high speed from a variety of digital devices, all of which share a common need-- access to high-speed communications networks. The applications are already here, off the shelf, on the desktop, in your pocket. However, the immense, uncharted potential of the information age is bottled up in the local loop. Simply stated, this problem creates great opportunity for ADC. ADC's goals is to equip communications service providers with the technology based solution they need to clear local loop bottlenecks and provide customer with ready access to high-speed networks."

To: Frank A. Coluccio who wrote (1865)	8/12/1998 9:10:00 AM
From: Frank A. Coluccio	Respond to of 12823

Online System Services and Formus Communications Agree to Demonstrate Systems for High-Speed Services Using LMDS Technology August 12, 1998 DENVER, Aug. 11 /PRNewswire/ via NewsEdge Corporation -- Online System Services, Inc. (Nasdaq: WEBB) announced today it has signed an agreement with Formus Communications Inc. to supply and integrate equipment that will enable Formus to provide Internet services over its LMDS (Local Multipoint Distribution Service) networks. Financial terms of the agreement were not disclosed. Under the agreement, Online System Services will install and integrate an Internet point-of-presence system at Formus's Denver headquarters that will facilitate high-speed Internet traffic through an LMDS network now being tested by the company as it prepares to deploy broadband wireless telecommunications systems in the U.S. and overseas. The technology of LMDS wireless networks have received considerable attention from industry experts in the U.S. and worldwide. "LMDS operators have the potential of being the next serious players offering real competition in the local loop, which can only lead to great things for consumers," said FCC Chairman William Kennard in Reuter's in March 1998. The LMDS bandwidth allows high volumes of voice, video and data as well as television signals to be transmitted over the airwaves to locations within LMDS antennae's line-of- sight. "We are proud to work with Formus Communications," Steve Adams, Chairman and CEO of Online System Services, said. "By integrating our services into the Formus solution, we will be able to effectively demonstrate the power of the LMDS opportunity over the next 60 days." About Online System Services Online System Services markets a product and service package called i2u that enables broadband operators to deliver high-speed Internet access and Web services and generate new revenue streams from access and interactive services, including content, commerce and online transactions. For cable operators affiliated with national service providers such as @Home or RoadRunner/Media One, i2u offers the Quick Start program that features the immediate deployment of complete Internet services with a defined future transition to the national service provider. Online System Services' clients include: InterMedia Partners, TINTA, TCI's international group, American Telecasting Inc., RE/MAX International and Rockwell Federal Credit Union. Information and statements in this report, other than historical information, should be considered forward looking and reflect management's current views of future events and financial performance that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially include, but are not limited to, the following: the possibility that proposed acquisitions may not occur; general economic conditions and developments within the Internet and Intranet industries; product development and technology changes; competition and pricing pressures; length of the sales cycle; variability of sale order flow; and management growth. SOURCE Online System Services, Inc. /CONTACT: Cathy McCall of Online System Services, 303-296-9200, ext. 221, cmccall@ossinc.net; or Bob Gold of Bob Gold & Associates, for Online System Services Media Relations, 310-784-1080, bob@bobgoldpr.com; or Jay Pfeiffer or Matt Dickerson of Pfeiffer Public Relations, Inc., for Online System Services Investor Relations, 303-393-7044, matt@pfeifferpr.com; or Steve Silvers of Clarus Public Relations for Formus Communications Public Relations, 303-296-0343/ (WEBB) [Copyright 1998, PR Newswire]