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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet -- Ignore unavailable to you. Want to Upgrade?


To: BostonView who wrote (198)1/11/1999 11:36:00 PM
From: HVN  Read Replies (1) | Respond to of 720
 
Yes!!! This number is most excellent! I think 60% is phenomenal. They were lucky to start in the Nynex/Bell Atlantic's back yard - selling against these companies is a piece of cake. And on the cable side, they're selling against Cablevision and Time Warner. Again, easy sells. However, in Boston they're selling against Continental Cable in many places and from what I've seen, Continental has been doing a rather decent job of selling lower priced cable service along with high speed internet access.

However, with the way they've been growing in the NY/NJ area, I think their cash flow situation should be strong. And in their business, that's pretty much what the market is going to be looking at. Profitablity is not important at this stage.