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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: jopawa who wrote (10072)	2/28/2001 10:11:00 AM
From: Ally	Respond to of 15615

I tend to agree with Mr. Loudy on this. Deflation is a real threat.... it's very hard to combat with interest rates. Only time (read: going through a long period of poverty) can cure delationary woes. This was what happened to Asia in the 90s... too much of a good thing... loose lending, high debt loads, over expansion, excessive capacities, and supply far exceeding demand for years to come. Deflation results in currency devaluation and brokes peddling goods in alleyways. Only defense for deflation is cash, and frugal living. Unfortunately, technology/productivity contributes to deflation.

To: jopawa who wrote (10072)	2/28/2001 10:36:36 AM
From: TechMkt	Read Replies (1) \| Respond to of 15615

Asia Global Crossing Offers Optical Fiber Svc 28 Feb 08:06 TOKYO (Dow Jones)--Asia Global Crossing Ltd. (AGCX) aims to take Japanese broadcasting a giant step forward on Thursday. The company will begin offering optical-fiber networks here that will enable broadcasting firms to deliver land-based video transmission to high-definition television (HDTV) sets, Darryl E. Green, the president of the company's Japanese subsidiary, said in an interview with Dow Jones Newswires. Green said Asia Global Crossing Japan will work closely with Marubeni Corp.'s (J.MRB or 8002) video content storage and distribution venture Nexion Corp. to provide these optical-fiber network services to Japanese broadcasting firms. Asia Global Crossing, whose largest shareholders include Global Crossing Ltd. (GX), Softbank Corp. (J.SFT or 9984) and Microsoft Corp. (MSFT), already provides the Asia-Pacific region with a wide range of integrated telecommunications and IP services. The ultra high-speed networks will offer Japanese broadcasters a competitive, high quality method of transmitting live sports, news and other events to Japan, Green said. Currently, broadcasting firms transmit live video feeds to Japan from overseas via satellite, mainly because satellites can transmit data directly to receivers over a large geographical area. However, since satellites can only transmit a limited amount of data, video feeds are usually compressed to slower speeds such as 45 megabits per second (Mbps) for transmission, adversely affecting picture quality. "Japan just started HDTV from January. The standard to broadcast over HDTV is 1.5 gigabits per second (Gbps). For a satellite, not only is there a problem with delays, but this totally overwhelms the capacity," Green said. But by using optical fiber cables, broadcasting firms can transmit HDTV and standard-definition TV (SDTV) video feeds without compression, transmitting high-quality images at cost-effective rates, Green said. Last week, Asia Global Crossing and its affiliate Global Access Ltd. successfully transmitted uncompressed HDTV and SDTV video between Japan and the U.S. via optical fiber cables at speeds between 270Mbps and 1.5Gbps. "We're the only ones that can do this to Japan" from overseas, Green said. Connecting At Theoretical Speed Of Light Asia Global Crossing presently has around a 25% share of Japan's market for international connectivity, and aims to expand this presence, Green said. "We're the top provider now of international connectivity for all of Japan. Since getting our first customers last June, we're already flowing upwards of 1.2Gbps of international traffic on IP," Green said.