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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: KM who wrote (37542)8/12/2005 1:36:35 AM
From: TradeliteRead Replies (1) of 306849
 
re: your comment <<Nobody wants telecom stocks now. That's where I have my money>>

Maybe I have some news for you.

From yesterday's Wash Post Business section, "The Download" column....

<If the scene in front of Tysons Corner night spot eCitie Restaurant & Bar in any way reflects the health of the local technology economy, then things aren't looking too shabby.

At 6:15 p.m. Monday night, a line of BMWs, Mercedes and Range Rovers waited to be parked by the valet at $3 a pop, even though a spacious parking lot surrounds the building. At the door, half a dozen people stood patiently as name tags were collected for a networking happy hour.

At one point, a man with a cigar actually uttered the sentence: "Good times are here again."

And this was a telcom gathering, no less.

Two years ago, TelecomHub events had a mood to match the funeral of a beloved great aunt. Topic A was: "How long you've been laid off." Topic B followed suit with: "Number of times your resume has been rejected."

Not so anymore. The 220 people who showed up at the organization's event this year were much more interested in discussing hot deals and new cars than career woes.

"I really think the Hub serves as a good barometer for the local telecom climate...and we've seen a lot of optimism," said Barry Toser, the group's president and general manager of telecommunications services for Reston-based Transaction Network Services, Inc.>>

[The story goes on a little longer if you want to register at the site and find the column at
washingtonpost.com]
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