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Technology Stocks : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?

To: Jon K. who wrote (255)	4/12/1999 4:44:00 PM
From: pat mudge	Respond to of 2347

Looking for reasons for today's strong close, I found the following trade show: com21.com Don't know if there's any connection. Pat

To: Jon K. who wrote (255)	4/13/1999 2:56:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 2347

Your timing was impeccable. :) Industry news: <<< April 13, 1999 Dow Jones Newswires Congressional Action Not Imminent On Open Cable Issue Dow Jones Newswires WASHINGTON -- A cautious Senate Commerce Committee wants more information before considering any action that would force AT&T Corp. (T) and other companies to open their cable systems to potential competitors for Internet access. onclusion of a two-and-one-half hour hearing on the issue, Sen. John McCain, R-Ariz., announced he would introduce a bill that instructs a Commerce Department agency to study deployment of high-speed Internet and data services, known by the term "broadband." Cable and so-called "DSL" modems on telephone lines are currently considered the most economical ways to provide high-speed Internet access to the most people. The study would pay special attention to rural areas, where broadband services may not be economically viable. So-called "open cable" came to head during the merger of AT&T and the former cable giant Telecommunications Inc. AT&T plans to offer broadband services through the At Home network over the former TCI's cable. America Online Inc. (AOL) asked regulators to force AT&T to open the cable network to AOL without also requiring AOL customers to buy At Home. Few customers would be willing to pay twice, AOL has said, leaving it at a competitive disadvantage. A closed system, AOL said, could ultimately lead to the Internet access being controlled by a few large companies as high-speed access becomes the norm. But the Federal Communications Commission didn't make open access a condition for its approval of the AT&T/TCI merger. Instead, the agency said it would monitor deployment of broadband services to ensure that competition remains. Tuesday's hearing by McCain promises to be one of many that will be held on the issue. But Charles Brewer, chief office of Mindspring Enterprises Inc. (MSPG), an Internet service provider that has sided with AOL on the issue, said in an interview after the hearing that every day that passes without open access is worrisome to him. "There are two wires" for high-speed access to the Internet, he said. "Only one of them is open to us." >>>>