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Technology Stocks : Harmonic Lightwaves (HLIT) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Jacobson who wrote (2735)	4/24/1999 7:19:00 AM
From: Hiram Walker	Respond to of 4134

Eric, A small blurb about T buying cable modems from RCA-Thomson. They are the ones in our modem posse. In other words T is basing everything on HLIT's architecture. I guess that is a given since HLIT is building almost all the ATHM/TCOMA installations. Thomson late last week announced a purchase order for 10,000 RCA "DCM105" certified modems from AT&T Broadband & Internet Services (formerly Tele-Communications Inc.), calling the deal the first shipment of CableLabs-certified modems. Tim

To: Eric Jacobson who wrote (2735)	4/24/1999 7:44:00 AM
From: Hiram Walker	Read Replies (1) \| Respond to of 4134

Eric et all, its almost a guaranteed to me that HLIT is building San Francisco for RCNC. Tony Ley keeps on mentioning them before Cox and TWX. RCN Corporation Accelerates Plan to Serve California Residents, Receives Critical Approval from San Francisco City Grants RCN Permission to Deploy Its State-of-the-Art Fiber Optic Network SAN FRANCISCO, March 31 /PRNewswire/ -- Following the company's recent success in raising an additional $1.25 billion, RCN Corporation (Nasdaq: RCNC - news) announced today that it was accelerating its efforts to serve customers in California, and had received a critical approval from the City of San Francisco to construct the state-of-the-art fiber optic network through which RCN is scheduled to deliver phone, cable and Internet services to city residents beginning later this year. The approval will allow RCN to move beyond the design and engineering phase of construction and immediately begin deploying network in San Francisco, a city of approximately 800,000 residents and 335,000 homes. San Francisco's density, an important factor in RCN's market selection, is more than 370 homes per mile of plant -- roughly 12 times the national average. RCN has already been granted local construction approvals by the cities of South San Francisco and San Mateo, and continues to negotiate with other municipalities in its initial California target market, which runs from San Francisco through Silicon Valley to San Jose. ''Now that the initial phases of RCN's business plan are fully funded, we are moving very rapidly to deploy network and begin serving customers on the West Coast,'' said Chairman and CEO David C. McCourt. ''With our available cash, we have the necessary capital to build the initial phases of both our East and West Coast markets through to economic viability.'' RCN announced earlier this month that it had raised $1.25 billion in new financing through the sale of $250 million in senior convertible preferred stock to Hicks, Muse, Tate & Furst Incorporated and a $1 billion bank facility arranged by Chase Securities Inc. At the close of these transactions, RCN will have cash and available capital of $2.25 billion to fund construction of its state-of-the-art fiber optic network and continuing operations. ''The City of San Francisco is an ideal market for RCN, because of its extremely high densities and strong demand for advanced communications services -- particularly high-speed access to the Internet,'' said Paul Sigmund, Executive Vice-President and head of RCN's West Coast operations. ''Because RCN can offer phone, cable and high-speed Internet over its own fiber optic network, we are uniquely positioned to bring 21st Century communications services to the city of San Francisco I think this is currently our second biggest customer. Tim