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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Frank A. Coluccio who wrote (3234)8/13/2001 10:25:49 PM
From: D. K. G.  Read Replies (2) of 46821
 
Fueling Bandwidth Trading
By Robert Bryce, Interactive Week
August 13, 2001 8:54 AM ET

Paul Racicot shouldn't have been so confident. Just 27 hours earlier, Enron had announced that its broadband business had been crushed in the telecom downturn, losing $102 million in the second quarter on revenue of $16 million. That revenue was about one-tenth of the Enron broadband unit's sales in the year-earlier second quarter.

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