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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: lml who wrote (3895)	5/27/1999 7:44:00 AM
From: MikeM54321	Read Replies (2) \| Respond to of 12823

Re: Paul Allen's Cable Plant Thread, Yet another deal. Paul isn't wasting any time. He is going to have to start thinking about raising some money soon to upgrade his empire to two-way HFC. I hope he moves as quickly as AT&T apparently is with the upgrades. And at some point, the FCC is going to have to get involved. I suppose that time will come when he works a deal with a long distance company or one of the backbone players. MikeM(From Florida) PS Thanks Carolyn. I'll check out the thread. ******************* Charter Communications plans to buy Fanch** NEW YORK, May 27- Billionaire Paul Allen's Charter Communications is expected to announce Thursday it will buy Denver-based Fanch communications for $2 billion, the Wall Street Journal reported. The Fanch transaction would add about 550,000 customers to Charter's fast-growing base, the newspaper said. Paul Allen is known for his dreams to build a cable empire, but also for his role as the co-founder of Microsoft Corp.