Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: M. Frank Greiffenstein who wrote (4036)	1/17/2000 9:59:00 PM
From: Frank A. Coluccio	Read Replies (2) of 15615

Re: overcapacity, I recall listening to John DeButts in the late seventies, when he was the Chairman of ATT, warning of industry dilution and impending chaos if MCI and Sprint were allowed equal entry into long distance. Since that time we've seen thousands of interstate competitors come onto the scene, with several carriers approaching ATT in size. Several are now perched to suprass them. And T continues to rake in the big bucks, despite their being late to 'get it.' And I still can't get a T3 into Houston or Rochester in under six months due to facilities shortages, no matter who I go to, and no matter how I attempt to intimidate them with PSC and FCC reports. They just don't have the bandwidth and the ports needed to deliver, without first putting their customers through dental surgery. When I can call my uncle Vittorio on a hilltop in Southern Italy for the cost of calling next door, we still wont be at overcapacity, because at that time I'll want to see him on my video display. And when that's a done deal, I'll then want to smell Auntie Graciella's tomato and meat sauce simmering in the kitchen.

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