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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (589)	7/18/1999 9:32:00 PM
From: riposte	Read Replies (1) \| Respond to of 24042

Washington Post Article on Fiber Optic Cable Laying. Interesting article; especially the end. [LEADING TEXT DELETED] From coast to coast, the digital age has arrived in America -- in the form of workers digging up streets in the blazing summer sun. Dozens of communications companies are in the midst of an unprecedented building boom. They're spending billions, block by painful block, to install thin glass fibers that can carry extraordinary amounts of information on waves of light. Freed by Congress three years ago from burdensome regulation, heartened by the explosion of Internet use, these companies are part of a digital gold rush. They're clawing one another for rights-of-way and fighting to hire subcontractors as they race to bring high-capacity communications cables -- "fat pipes" -- to the nation's business districts. Call it the Great Dig of '99. It has begun so suddenly that local governments are scrambling to protect their citizens from traffic hazards and to keep the streets in some semblance of repair. Court fights are breaking out across the country as cities and counties try to impose new fees and regulations on the communications companies. [TEXT DELETED] I've been laying fiber all over the world for years," he said. "In Hawaii for a Japanese company, in the Caribbean after the hurricanes. But right now is unbelievable. There's more fiber than you can imagine, on every corner you look. Everybody I know is going crazy over it, putting all their money into the stock. I'm putting in every last dime, too." FULL TEXT @: washingtonpost.com