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Technology Stocks : George Gilder - Forbes ASAP
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To: Scott C. Lemon who wrote (1214)4/11/1999 1:53:00 PM
From: Frank A. Coluccio  Read Replies (1) of 5853
 
Scott, I've found that one must be careful in reading press releases by fiber carriers when counting the number of "conduits" they claim to have placed.

In LVLT's case, it's true that they have placed large numbers of conduits along many routes. But I recall one route in particular (and I'm sure this happens with all of them, subject to case by case scrutiny), when the press release counted the entire population of "inner ducts," which are smaller subsidiary tubes residing within the larger "conduits," as conduits, themselves.

This created the false impression [actually, it was stated in the press release] that there were actually 12 "conduits" placed on that route. In actuality, there were only three full-sized conduits, by usual measure, which carried 12 smaller inner ducts. Not an unusual mix. FWIW, Frank C.
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