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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Don Lloyd who wrote (55010)1/7/2001 8:10:08 AM
From: Wyätt Gwyön  Read Replies (1) of 436258
 
Nice analogy between agriculture and telecom. While farmers may not be richer and telcos prolly won't either, people are better-nourished and will be better connected. So while the Ponzi scheme of wireless auctions and mounting telco debt and gullible public markets may not benefit investors in SPs, greater bandwidth availability should increase aggregate productivity of end users. Though perhaps a crash (hopefully just a dip which we all can buy lol) or depression (hopefully just a recession) will slow things down a bit for a decade.

Interesting article in Barron's on telco debt.
Telecom Tightrope
Like real estate a decade ago, telecom threatens to topple the economy

By Jacqueline Doherty
interactive.wsj.com
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