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Technology Stocks : Nortel Networks (NT)

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To: Techplayer who wrote (8428)11/10/2000 6:26:45 PM
From: FESHBACH_DISCIPLE  Read Replies (1) of 14638
 
This is a fiasco!!!!

Network Infrastructure

Fiber glut pours cold water on carriers'
dreams
By Emma McClune, Total Telecom, in
Vienna

09 November 2000



Too many carriers, a glut of fiber in the ground, and too many businesses offering
near-identical services - that was the message of this year's CWM wholesale carrier
conference in Vienna.

Working in the shadow of the recent Iaxis bankrupcy and the more recent
speculations surrounding PSINet's financial health, the mood of this year's
conference contrasted sharply with the heady optimism of the last, say conference
goers.

Gone are the days of taking on big debt to fuel global glass pipe dreams, the
attendees of this Autumn's conference are a far more cagey bunch.

totaltele.com
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