"you hustling, blind, obscene "longs", you possessed FIBR patriots, you are the far worse enemies of investors than all the shorts. Great many investors fall victims of your perfidious, irrational activity."
I am long because I believe in the technology. This is tempered because I have very little faith in management. I am very careful to tell both sides of the story, and not hype, because I don't want to mislead others into losing their money.
As far as the technology, I read the Forbes ASAP issue on embedded technology, and believe this is the time to get in on the ground floor. The applications seem to be more realistic than the model that has propelled the Internet stocks to incredible levels. So the Net+ARM has huge potential.
As has been mentioned, the increase in connectivity would create still more demand for fiber, which could lead to a greater need for products such as the GigaMux.
Another unknown is the effect of the Leonid meteor storms in November, leonids.com , which will be the most significant storm since 1966. There were very few satellites in 1966, and it is possible that this storm might damage or destroy significant numbers of the 500 satellites orbiting earth. Witness what has happened just from the loss of one satellite this week: U.S. pager traffic has been severely disrupted, and probably will remain so for another week, until another orbiting satellite can be moved into position.
There are only so many spare satellites in orbit, and only so many spares on the ground and ready for launch. (The ones that are on the ground would take longer to launch, move into position, and test, before they'd be ready to carry traffic.) If dozens of satellites die in November, global communications would be significantly impaired. In some cases, such as canned t.v. shows, they could be shipped out on video through the U.S. mail. In cases such as satellite transmissions of news and sporting events, many events simply won't be televised. Some of these communications, and long-distance phone calls, could be shifted to land-based phone lines. The added demand, though, would require multiplexing, both for long-distance and local applications. |
