Message 4095614
See the above. It is from the Ascend News Only thread.
What I am wondering about is the $600 million in financing to build out fiber for PSINet. Ascend does OC-12 and OC-48, and will be able to do OC-192 late this year. This financing was announced on the 15th. So if the parties involved in the placement leaked that it might be being used to build out a fiber portion using Ciena type hardware, WDWM, then our Tuesday, the 14th, run-up makes some seems. And IF that was the case, I can see where the CFO might be confident about the quarter, particularly, if the financing was to pay for product about to be delivered.
Folks, this is a major guess on my behalf. But I see some logic, after reading the last couple of days posts. Has PSINet every done business with Ciena? Does this theory make sense? Poke some holes, please.
IMHO, Dennis |
