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To: SteveG who wrote (9782)12/22/1998 10:02:00 AM
From: MangoBoy  Respond to of 12468
 
[CellularVision to Change Name to SpeedUs.com; Network Configured to Provide Super High-Speed Internet in New York]

NEW YORK--(BUSINESS WIRE)--Dec. 22, 1998--CellularVision USA, Inc. (NASDAQ:CVUS) today announced that its Board of Directors unanimously agreed to change its name to SpeedUs.com, Inc. The name change is scheduled to take effect on or before January 7, 1999. The new NASDAQ symbol will be SPDE.

The name change reflects the Company's exit from the subscriber television business and the dedication of its Metro New York Federal Communication Commission license to the Internet. The Company has built a new full-featured Internet Service Provider (ISP) and configured its broadband cellular network to deliver super high-speed Internet service in New York. The service will be marketed under the service mark SPEED(sm). The SPEED(sm) service uses a 48 Mbps (48,000 kbps) downstream SPEED(sm) modem, which has approximately 1,700 times the downstream capability of a standard 28.8 kbps modem.

The Company's ISP and SPEED(sm) services are fully functional and are operating from its Network Operations Center (NOC) in the Brooklyn Army Terminal. The new ISP provides direct dial-up service for standard and ISDN modems, and the super high SPEED(sm) Internet access service. In addition to direct dial-up services for both standard and SPEED(sm) subscribers, the new ISP has web hosting and e-mail capabilities.

The SPEED(sm) service requires the purchase and installation of the SPEED(sm) modem and signal availability. The SPEED(sm) modems are currently only available from the Company for $350. The signal coverage is currently limited to parts of Manhattan, Brooklyn and Queens. The Company plans to arrange financing for the cost of the modem to consumers and to increase its signal coverage area before commencing a major marketing campaign.

CONTACT: Shant Hovnanian 718-489-1227



To: SteveG who wrote (9782)12/22/1998 11:58:00 AM
From: Frank A. Coluccio  Read Replies (1) | Respond to of 12468
 
SteveG,

>>Frank Coluccio referenced (in a message to me) that the use of Unix and NT in OSS systems of circuit-switched networks renders traditional circuit networks as vulnerable as packet networks.<<

As vulnerable? That's not quite what I stated, exactly. In fact, I made allowances for the traditional systems, and stated that unless you were referring to....

What the hey, I may as well just play it back:

-----------
Private Message

To: SteveG
From: Frank A. Coluccio
Monday, Dec 21 1998 8:37PM

Steve,

>> wouldn't happen in circuit-switched telephony...the pitfalls of DATA (packet-switched) telephony networks..<<

Unless you are referring to the old metallic cross point switches that were driven by electromagnetic armatures, then today's switched voice services under the supervision of unix and NT servers at the OSS level are in many ways just as vulnerable to data glitches as those that govern data services. FWIW, Frank

--------

Soon, this qualifier of "are in many ways" will be replaced by "equally, " because data, voice and m-m are increasingly sharing the common attribute of "payload only" within unified transport systems that deliver all of the above.

That was my point. The Best, Frank C.



To: SteveG who wrote (9782)12/22/1998 12:32:00 PM
From: Malcolm Grover  Read Replies (1) | Respond to of 12468
 
OK... can anyone tell me who is started buying??? up 1 1/2 ...is it institutions? small investors? or shorts covering?