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Strategies & Market Trends : Position Trading Forum
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To: Tim Luke who wrote (887)9/3/1998 10:19:00 AM
From: Apakhabar   of 7247
 
The short answer is their technology is perceived to be on the way out. It was seen as a stop-gap measure. Cable is seen as their undoing. PAIR bulls would probably argue that millions of miles of copper wiring can't be quickly replaced, and they might be right, but the market is taking a dim view.
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