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Technology Stocks : 360Networks - TSX - TSIX

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To: Dan Hamilton who wrote (136)	4/25/2001 3:37:54 PM
From: Ian@SI	Read Replies (2) of 449

Dan, On this morning's BCE conf call, Terry Jarman of Teleglobe indicated that he's about to purchase bandwidth (probably from Williams, but undisclosed) at a lower price than they can currently provision it. With the probability of anybody selling bulk bandwidth profitably decreasing day by day, why try to catch this falling knife? If I remember the story, we've got some truckers now led by an ex Software CFO trying to go head to head with some of the world's largest corporations. When unlimited growth for as long as the mind could imagine was the mania, perhaps TSX was a great idea. Sanity has returned. Earnings are required. The price will never see its former high unless and until real earnings justify it. IMO

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