Dain Rauscher Wessels Report Spotlights Emerging Solutions to Metro Bandwidth Scarcity.Business Editors & Technology Writers MINNEAPOLIS--(BUSINESS WIRE)--March 29, 2001 With bandwidth usage increasing and businesses pushing more of their data traffic into the metro network, customers are demanding higher capacities, faster connection options and a more flexible form of transport. "Metro bandwidth is scarce," said Jonathan Atkin, equity analyst at Dain Rauscher Wessels. "Less than 10 percent of commercial buildings in major cities have lit fiber Optical fiber that is regularly being used to transmit data. Contrast with dark fiber. connections despite high demand for broadband services." Atkin recently issued a report, "City Light: An Investor's Guide To Metropolitan Optical Services," which explains the business models that have emerged to address the growing demand for bandwidth and the relative scarcity that exists in metropolitan areas. These include network engineering/construction, dark fiber deployment and metro-area lit services, each of which represents an estimated multibillion-dollar market opportunity. "In total, the metro services segment has given rise to more than three dozen start-ups and $10 billion in early-stage capital," Atkin said. Institutional investors interested in receiving the 67-page report should contact their Dain Rauscher Wessels salesperson. Media interested in receiving the report should call 612-371-2239. Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, includes equity research, equity trading In finance, equity trading is the buying and selling of company stock shares. Shares in large publicly-traded companies are bought and sold through one of the major stock exchanges, such as the New York Stock Exchange, London Stock Exchange or Tokyo Stock Exchange, which serve as , institutional equity sales and corporate finance. The division's 40 analysts focus on five industries: consumer, energy, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , health care and technology. Currently, the analysts follow nearly 500 companies. The division, which employs 450 people, has offices in Austin, Texas; Boston; Dallas; Houston; Menlo Park, Calif.; Minneapolis; New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ; Paris; San Francisco; Seattle; and Tel Aviv, Israel(a). Dain Rauscher Corporation, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. (NYSE NYSE See: New York Stock Exchange :RY), is one of the nation's largest full-service securities firms with 1,200 investment executives and 3,800 employees. The company's broker-dealer, Dain Rauscher Incorporated, serves individual investors and small business owners through offices predominantly in the western half of the United States, and capital markets and correspondent clients in select U.S. and international markets. Founded in 1909, Dain Rauscher Incorporated is a member of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and other major securities exchanges, as well as the Securities Investor Protection Corp. The company's headquarters are located at Dain Rauscher Plaza, 60 S. Sixth St., in Minneapolis. (a)Strategic alliance with Tamir Fishman & Co. |
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