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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: ftth who wrote (5176)3/10/2002 4:25:07 PM
From: Frank A. Coluccio  Read Replies (1) of 46821
 
Looking at this from another angle, taking an approach to upgrades that supports incrementalism at the slowest possible pace, as opposed to doing, now, what makes sense on the surface, has been more conducive to the longer depreciation cycles that are demanded by the telcos' financial models, including their very long term debt. All of which spells out a flavor of foot dragging from a perspective that suggests something other than pure and intrinsic lethargy, for lethargy's own sake.

The Googin interviews by Cook come into focus here, once again.

Verizon just announced 10,000 job layoffs, which is a clear attempt to ward off distress. I don't suppose that any of those who are being laid off would be interested in attending your 1-hour trench digging class. Leastwise, not during the next thirty-nine weeks. And I understand that Q, after taking Draconian measures in cutting their capex spending to the bone, and then some, has now obtained a one-year extension of life-goes-on-as-usual in the way of a bond issue and or bank loan.

All of which prompts me to ask: Who, or what company, do you suppose will step up to the plate to dig all of these trenches, or snake cable through sewers, or whatever it takes to get the medium laid?
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