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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (16490)8/29/2002 9:17:05 PM
From: 2MAR$  Read Replies (1) | Respond to of 17639
 
along with that , and if any want to take a quick trip down memory lane , try lucky post number "13" up from bottom here

"How Fiber Barons Plunged Nation Into Telecom Glut" june 27 2001
Subject 51375

All told, about 39 million miles of fiber-optic cable stretch underneath
U.S. railroad beds, corn fields, natural-gas lines and roads, enough to
circle the earth 1,566 times. Companies racing to build or expand nationwide
networks laid some $90 billion of fiber during the past four years. Merrill

Lynch & Co. estimates that only 2.6% of the capacity is actually in use.
Much of it may remain dark forever.



That was a very short and concise article , but I just
had no idea how overbuilt they went....only 3% in use
and much of it to remain dark forever.<G>

simply amazed me when I read that . Quest was $39 the high
on that month , but it was all down hill from there for every one of them.

PS: note the prices back then , I tried to keep track.