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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HammerHead who wrote (1973)	3/5/2001 12:32:12 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 52237

Thanks, great article but a bit scary! <g> ..."international circuit costs are decreasing at a rate of 72% annually." ...Struggling Covad Communications, North America’s largest CLEC, admits that 14 major ISP customers aren’t paying their bills and that four have entered Chapter 11. ... ...FLAG says its three-year old Europe to Asia 2x5 Gbps cable is just 25% filled. The cable is still nearly 30% short of paying for its capital cost. ... ...Asia Global Crossing admits that it has sold just 3% of its new cable ...Williams also expects vendors to take financial losses. “Basically, technology is exceding the rate of growth. Our two submarine cable vendors [Alcatel and Tyco] will lose a lot of money.” Good Luck, Lee