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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Frank A. Coluccio who wrote (1325)	7/14/1999 7:41:00 AM
From: Teddy	Read Replies (2) of 15615

What the??????? Wednesday July 14, 7:00 am Eastern Time Company Press Release Lucent Technologies Announces Breakthrough Optical Networking System That Delivers High-Speed Data Networking Through the Air Global Crossing will be first to test MURRAY HILL, N.J.--(BUSINESS WIRE)--July 14, 1999-- Using beams of light to transmit information directly through the air, a breakthrough optical networking system from Lucent Technologies (NYSE:LU - news) will dramatically boost the capacity of local data networks and extend the reach of today's high-capacity fiber-optic systems. Lucent's new WaveStar(TM) OpticAir(TM) system will use state-of-the-art lasers, amplifiers and receivers that can be placed on rooftops or in office windows to transmit voice, data or video traffic from point to point through the air. Designed by Bell Labs, the WaveStar OpticAir system will use dense wave division multiplexing (DWDM) technology to increase network capacity in metropolitan areas and campus environments where cost, geography or other constraints may make fiber connections impractical. Global Crossing will be first to test the system -- conducting field trials by December. The first system to use DWDM technology directly through the air, Lucent's WaveStar OpticAir system eventually will enable business customers and service providers to transmit up to 10 gigabits (billion bits) per second (Gb/s) of information between locations. At this rate, customers will be able to transmit the data contained on 15 CD ROMs through the air in less than a second. That's 65 times more information than with today's radio frequencies. ..... biz.yahoo.com Does this change everything?

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