To: mmeggs who wrote (726 ) 6/6/1999 6:13:00 PM From: Rande Is Read Replies (2) | Respond to of 1176
This recent news is sure going unnoticed by many. Accumulation looks good, but I would think there would be much more discussion. Here is the thing. ART has the go ahead for 260 U.S. cities. It has the clear lead with 3 major cities up and running with broadband wireless in business centers. It plans on expanding to 40 of the top 50 U.S. metropolitan markets over the next two years. . . .according to the last press release. And now we have QWST, one of the biggest fibre optics companies leading a quarter billion dollar equity investment, which will fund this expansion. And with Lucent standing in the shadows with their equity investment and technology interest, I would say that all systems are go. I started following ART in the low single digits, where I made my original purchase. But instead of selling into this news, I made another purchase just the other day near 15, with hopes that we will break 20 soon on a near-term swing trade. Now when all of that is said back to back, ARTT does truly sound like a good prospect. But the part I like the best is that they have such a strong lead on the competition. Why is this important? Yahoo is the leader, because it was the first easy to use search engine. AOL is a leader, because it was the fires easy to use ISP. In this fast moving world of cutting edge technology. . . the first there is generally the one to benefit most. ATHM is likewise the first and the clear leader in consumer oriented broadband. Their At Work is still in it's infancy. I believe that ARTT will soon be seen as a sort of ATHM, when individual investors, the media and even the analysts figure out that business-to-business broadband wireless has a massive potential market base. . .and that ARTT has a big head start, a clearance to the top U.S. cities and now deep pockets. Rande Is