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To: James Calladine who wrote (33564)	6/20/2001 10:50:59 AM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

<< Those that became insolvent at that time included the storied Baltimore & Ohio, the Union Pacific and the Santa Fe. J. P. Morgan cleaned up the mess and cleaned up in the process.>> wow...that's an interesting view of history.... don't they mean JP Morgan "forced", through collusion and strong-arm tactics, the rest of the industry into consolidation?

To: James Calladine who wrote (33564)	6/20/2001 11:03:33 AM
From: Sector Investor	Read Replies (2) \| Respond to of 42804

<<ARTICLES LIKE THIS SHOULD CONVINCE J6P (Joe SixPack) to DUMP, real soon!>> Which likely is the true intent of the article. Legacy companies are indeed going through difficult times. Consolidation is definitely coming - it can't come soon enough to suit me. But there is a major shift going on now - a passing of the baton, to next generation optical vendors. All we hear is the gloom and doom of the legacy companies, not the opportunity in optical that is still growing.