SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-1.3%Jan 2 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Fulop who wrote (44260)12/7/2000 11:03:58 PM
From: t2   of 77400
 
"Verizon sells $4 bln of bonds; draws $16
bln of bids"


That is the sort of news that will be driving up shares of CSCO, CIEN, ADCT, NT and their suppliers like JDSU,GLW,PMCS.

If the broadband buildout is going to happen anyways, it makes little difference on who does funds it first. As long as the end demand is there, the buildout will happen. So what if some small CLEC can't make it in current market conditions.

These bonds sales also explains why companies like NT don't mind extending credit to some good customers; it confirms they are making good decisions, IMHO.

Also means the non-PC techs are going to be on fire in the coming days.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext