To: Stock Watcher who wrote (7241 ) 4/26/1999 4:29:00 PM From: Norms Read Replies (1) | Respond to of 52051
Stockwatcher, Great thread. IJNT - Internet Jet needs to be added to the Index. This ran from $3.00 right on up to $12.00 last year and now they'll become one of the main players in Wireless Internet technology. Here is the recap of the article in Ivestors Business Daily. Much more to come very soon including blockbuster contracts. *********************************************************************************** Companies May Surf Over The Airwaves Date: 4/26/99 Author: Paul Korzeniowski The Internet Design Center hit an unexpected roadblock when it decided to move from Los Angeles to Naples, Fla., in early 1998. ''We could not get the local telephone company to install a (perpetual) connection,'' said William Percival, president of the Web site that offers databases on interior design products. The connection was supposed to give decorators access to the firm's database on fabrics via the Internet. Without it, the firm would be out of business. As the moving day approached, Internet Design turned to new wireless Internet access service that runs at 128 kilobits per second from PSINet Inc. of Herndon, Va. The move was a gamble, but the company did it - more out of necessity than desire. ''We were a little bit leery about using wireless communications, but we had no other option,'' Percival said. Wireless connections are emerging as the latest competitor in the high-speed Internet access battle. Companies in the field include PSINet; IJNT International Inc. of Houston; Teligent Inc. of Herndon, Va.; and Winstar Communications Inc. in New York. These companies all are trying to convince businesses and home office workers that wireless connections are better than cable modems, Digital Subscriber Lines, ISDN connections and lease lines. The wireless technology has its strong points. ''A wireless link enables a company to eliminate local access charges,'' said Rick Frizalone, vice president of wireless Internet services at PSINet. Local access is the price Internet service providers pay to phone carriers that run lines from a business or residence to the Internet. These are hefty charges passed on to users and can account for 20% to 40% of a company's monthly phone bill. By going wireless, a company can save hundreds of dollars each month. Another selling point is simple maintenance. ''With a wireless connection, the problem is either in the sending or receiving equipment,'' said Jilani Zeribi, analyst with Current Analysis Inc., a Sterling, Va., market research firm. Wireless services have weak points, though. Most companies don't know how they work, leading to fear. ''We are in an area that gets heavy rains and we're concerned about how well the network would operate in those conditions,'' said Internet Design's Percival. The company's fear was unfounded. The network has operated with only a few minor interruptions since installation. Wireless service providers have developed sophisticated frequency-hopping techniques to insure wireless transmissions reach their destination regardless of weather. But other types of wireless systems such as cellular phones and garage door openers also can garble transmissions. In addition, a wireless system requires a clear line of sight from a company's office to a carrier's receiving system. Other buildings, trees and poles can block a transmission path. Since wireless services are new, availability is limited. IJNT has focused on the San Francisco Bay area, the Los Angeles metro region, Houston and Salt Lake City. PSINet is concentrating on second-tier metropolitan areas such as Memphis, Tenn.; Mobile, Ala.; Louisville, Ky.; and Charlotte, N.C. It plans to offer services in 50 locations in 2000. Teligent, meanwhile, now offers services in 24 major metropolitan areas. Winstar has a similar strategy and has operations in 30 areas. The only service where speed is an issue is PSINet, which runs at 128 kilobits and should rise to 512 kilobits during the year. The other carriers have a top speed of 1.5 megabits. (C) Copyright 1999 Investors Business Daily, Inc. Metadata: PSIX IJNT TGNT WCII E/IBD E/SN1 E/FRT E/TECH