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To: kas1 who wrote (1520)	3/15/2001 1:33:24 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 12410

Re: Bandwidth vs. Bank Account Hi kas1, Re: Yet the truth of the matter is pretty impressive: a doubling every year. With truth like that, who needs lies? Well, the promoters of Nasdaq 10,000 for one instance. OTOH, what's so impressive about bandwidth doubling yearly when LD telecom rates, the bread and butta of the industry, are declining by 70% or so? Eventually, stock markets and financial markets in general are weighting machines. And they weight profits and balance sheet assets. Not how capacious the pipes are that bring bad news about losses and the destruction of investor assets. Best, Ray