hi Robert, both of us have been in GBLX for a while and are long term bullish. Putting that a side, if you could, please back up your statement that:
GBLX owns about 42% of all
underwater fiber on the planet (world capacity = 62,999,511 equivalent DSO circuits,
GBLX = 26,407,973 equivalent DSO circuits).
Also, for people that like to play with numbers, i have some snips they might like:
1:
FIBER-OPTIC CABLE GROWTH -- The length of undersea fiber-optic
cable should more than double by 2003 to nearly 890,000 km,
according to KMI Corp., a market-research firm. Driven by
apparently insatiable demand for inexpensive intercontinental
links, telecommunications companies plan to spend $27.5 billion
in fiber-optic cables over the next three to four years, KMI
said in a report. In the past, estimates of planned cable
projects have proven too conservative. KMI's forecast itself
may be too conservative, said David Bain of Lucent's Atlanta
Works. "Up to 2002, you are going to see a number of transatlantic
cable systems put in place," he said. "Following that, two years
behind, are the transpacific networks. You're getting more
wavelengths, faster speed, on more fiber," Bain said. "People
ask: where is the demand? The demand is being driven by data,
e-mail, the Internet, video." [The Industrial Physicist, 8/99]
Teddy's note: Seems like there will be plenty demand for the announced cables and business for the new Global Marine subsidiary. Looks like Global Crossing is more than a year a head of the competitition. And, unless someone can prove otherwise, Project Oxigen is dead.
2:
MIND OVER MATTER -- Horst Stormer, a Bell Labs scientist, won
the Nobel Prize along with former colleagues Daniel Tsui and
Robert Laughlin for discovering that electrons can form baby
electrons under certain conditions. Decades from now, their
work could lead to the development of faster microchips for
mobile phones. The discovery, which occurred 18 years ago,
stunned the science world. "People were skeptical, and so
were we," said Stormer. "It took a long time, but now a whole
field has developed out of it." Stormer's experiments tracked
electronics behaving strangely inside a semiconductor -- the
kind of basic research that some companies have dropped to
make every lab dollar count. Lucent continues to support
fundamental discovery. "The breakthrough ideas that have
evolved from our research in software, semiconductors, lasers
and in optical fibers are making real the promise of multimedia
communications," said Dan Stanzione, Lucent's COO and president
of Bell Labs. "Perhaps more exciting is that today's basic
research will lead to innovations 20 years into the future
that are unthinkable now." [Star-Ledger (N.J.), 8/1]
File that under "I'll see it when i believe it." Teddy has been cloning electrons since March 1999.
3:
DWDM TECHNOLOGY -- Telecommunications Magazine introduced the
top 10 promising communication technologies in 1999. Dense
Wave Division Multiplexing (DWDM) technology was listed as one
of them. Lucent takes the most aggressive action toward the
DWDM market. The top player occupying 29 percent of the world
DWDM equipment market -- valued at $2.2 billion in a survey by
KMI -- shows vigorous activities in developing new products
that outperform existing DWDM systems. Lucent's WaveStar
OpticAir is applauded as the first wireless communication
system based on DWDM technologies. The system, designed by
Bell Labs, features its laser beam-based transmission
capability delivering information to every corner of the world,
even when optical fibers are not installed. [Electronic Times
(Korea), 7/30]
It was announced that Global Crossing was the first customer to test OpticicAir and, for the most part, it was laughed at. Let's see what happens in 3 months. Hint, if i owned a bank with offices in 3 building in NYC and four buildings (oh, let's just say somewhere)in Europe, maybe i might be interested in this.
Anyway, i think we all agree that GBLX is a very interesting company to own stock in.
May the gods bless us all. |
