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To: Softechie who wrote (1418)6/20/2001 9:58:51 PM
From: James1000  Respond to of 2155
 
Enron, a utility company, is one of the largest sellers of bandwidth. I don't see any reason companies like Corning(GLW) wouldn't trade at low P/E ratios just like other utilities in time. Furthermore, their is unbelievable huge volumes of bandwidth that are unused. Grants Investor (.com) has a chart showing that roughly 90% of it is not used. Broadband users are assumed to quickly consume this void. Broadband has been slow to expand availability though, and it looks like growth will continue at a slow pace. New internet users are consuming more bandwidth, but from what I understand the number of total internet users is actually down, though paying internet users are up. Broadband rates have plummeted to very low levels, making profits look even further away.

The huge debt load of the top broadband companies won't help much either. The figures are STAGGERING. I almost fell down when I saw those figures. If anyone would like to purchase the SlipStopper.com domain name from me to help prevent such falls then please contact me. It helped explain why CVC, RCNC, and CHTR are so rotten. Its because every single large broadband company is totally rotten. I wanted to just pick the worst one but really they are all terrible.

See how bad they are:
thestreet.com