Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Fischofer who wrote (10388)	3/30/2001 6:37:27 PM
From: Jacob Snyder	Respond to of 15615

Business Plan for New Economy Telecom Startup: step 1: raise a lot of money through debt and equity offerings step 2: spend it all to put in the infrastructure step 3: declare bankrupcy. It's best to do this at the point where you have milked every possible penny out of the capital markets. step 4: after the re-organization, you can be the low-cost provider, since you have no debt to service. step 5: continue to gain market share, by undercutting the prices of any of your competitors who haven't yet declared bankrupcy. step 6: sell the company to DT, whose debt is backed by the German taxpayer.