"The combined revenues of U.S. local exchange carriers are now
about $120 billion; the long distance industry (which relies very
heavily on the local network) adds $50 billion or more; related
industries supplying network equipment, services, and CPE
(switches, control systems, optical fiber, PBXs, telephones,
modems, fax machines, answering machines) add perhaps another
$25-50 billion."
Now there are frontal-lobe-challenged investors who have been
persuaded that this market -where the Ericsson's, Lucent's
and Nortel's of this world rake in their cash- is going to
disappear next Monday morning. El Nino effect, probably.
As for tatters: Who told you guys this thing was going to be neat?
It isn't. Life and love aren't neat either, but we are not giving
up life and love. (Boy, ain't I in a tender and gentle mood
today!!) |
