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Technology Stocks : 360Networks - TSX - TSIX

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To: Dexter Lives On who wrote (151)	4/27/2001 9:14:34 PM
From: Marty Lee	Read Replies (1) of 449

Hi Rob.. Alcatel has a plan? "Alcatel officials couldn't be reached..." And why not? So what's the plan? Hypothetically speaking, what if it's one of those plans that holds open the option to screw the stockholders? One of those 'let's go bankrupt on purpose plans' like Globalstar may have pathetically just pulled? Message 15718026 This is an implication and suggestion of good news to come," said Stuart Isherwood, a telecommunications analyst with UBS Warburg in Toronto. Couldn't Stuart have said something a bit more reassuring? "Implication and suggestion".. strong words. Cover your ass Stew! Slated for completion in 2002, the network is designed to link 100 cities in North America, Europe, South America and Asia. 2002? Can we count on it? More like 2005. And what happens in the mean time? Oh no! We overbuilt. There's a "bandwidth glut" and we can't make any of the money we had "planned." We'll just have to default and go under, restructure and resurface as somebody else in a few years. Sorry suckers! Most of us don't live under the sea. Like businesses downtown, we live on land. Most us can't even get DSL. The demand is there, but none of the "Baby Bells" of this world has any interest in connecting that demand. AT&T "broadband" cable sucks. We'll all be dead before the average consumer's household is downloading movies directly connected to a truly unlimited broadband fiber optic line. We'll all have to purchase antennas and T.V. tuner cards after waiting on some local member of the National Association of Broadcasters to start datacasting anything like infotainment on demand. I'd be happier if TSIX was getting its funding from its CEO's friend in Seattle.. What's his name? Bill... Sigh.. Marty

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