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To: Perry M. who wrote (28658)	10/7/1998 11:02:00 PM
From: dch	Respond to of 50264

More late nite reading... Speaking of next gen telecom carriers... ... The opportunists, meanwhile, are fast at work building their high-tech networks. That would drive down prices, potentially allow them to steal the most lucrative business customers from the oligarchs, and undercut their revenue streams even as the giants shift to doing battle with the upstarts. Even if the upstarts fail to break the grip of the telecom giants, Wall Street analysts speculate, the upstarts will possess tremendously valuable capacity and will likely become ripe takeover targets. Either way, they figure, investors win. The Yankee Group's Peterson, however, is not entirely convinced. "All of this is highly speculative. It's a complex industry. ... There's no easy answer for investors," he said. "In the end, you are going to be judged on the ability to grow revenue streams." ...full article at... cbs.marketwatch.com