RCN has a permit with Portland and franchises with East County jurisdictions. We're developing an exiting. Notified the commission last week that they fully intend to invest and build in this market. There was discussion regarding need to create an exit procedure for existing franchises since none exists currently. This procedure should allow for an orderly exit and not leave a mess behind.
Capital markets are now very tight.
WIN is in good position in that it overfunded itself and will have staying power for two to three years. The market is tight not just for overbuilders, but telecom incumbents. And this is true nationwide. WIN's investors are still willing to fund an overbuilder, but only one per market in this market. Sacramento is WIN's first priority and it will be signing customers July 2001.