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To: Ilaine who wrote (437)6/17/2005 12:01:37 PM
From: Bernard Guerrero   of 443
 
Precisely. There are opportunity costs to malinvestment, however. i.e. The dark fiber may all get put to productive use eventually, but there's a dead-weight cost to having built-out the network only to have it sit underutilized for some period. You could have put the calls-on-resources into R&D, or housing, or etc, etc....

Timing is everything.
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