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To: AllansAlias who wrote (85610)3/26/2001 3:26:57 PM
From: Shack  Read Replies (2) | Respond to of 436258
 
I hate Douglas and would normally avoid his movies

Except Wall Street of course. <vbg>



To: AllansAlias who wrote (85610)3/26/2001 6:41:12 PM
From: advinfo  Respond to of 436258
 
Daily Stock Quote!

March 26, 2001 - From the SBC Stock Ticker: SBC Communications Inc. stock
closed at 41.25, down 0.61 for the day.

Telecom Shakeout Approaching - Washington, where the idea for competition in
telecommunications was born, is witnessing the beginning of a massive
restructuring in this sector. In the past 10 days, local and long-distance
telephone service provider E.spire Communications filed for Chapter 11
bankruptcy; wireless paging provider Metrocall said it may have to do the
same; and high-speed Internet outfit PSINet toiled in a seemingly futile
attempt to avoid it. These are the first victims of an epidemic that by some
estimates could wipe out more than a thousand service providers in the next
few years. The money ran out before these companies could complete the
systems they were building. The industry is falling victim to its own
success - drowning from an excess of product. The Washington Post, E1.