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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Oblomov who wrote (19550)9/19/2000 1:27:31 PM
From: pater tenebrarum  Read Replies (3) of 436258
 
and i am willing to agree...and considering that the telcos finance everything via debt issuance it is highly questionable that such enormous amounts can be digested in such a short time by the credit markets...but that won't be necessary anyway, as the growth projections are pure fantasy. what's more, the credit markets will be jolted by a wave of defaults in this sector, as the razor thin margins and overcapacities begin to take their toll.
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