Post by greykitedad on Feb 1, 2006 14:32:03 GMT -5
I got burnt by this stock during the telecom meltdown, but have been watching it ever since and re-entered about two years ago. It languished for most of that time, but has recently come alive again. Verizon has been using some TLAB equipment in their recent "fiber to the home" projects.
Unfortunately they've recently (last week) had a good pop, so I'd be wary about entering without some serious DD. I'm not exiting, as I've got a cushion under me.
Telecom spending has been down for years. If we're every going to get bandwidth sufficient to create worry over video piracy
spending will have to increase. If you look at telecom equipment providers (and Corning, who provides the fiber itself) you see evidence the corpse is starting to breathe.
Unfortunately they've recently (last week) had a good pop, so I'd be wary about entering without some serious DD. I'm not exiting, as I've got a cushion under me.
Telecom spending has been down for years. If we're every going to get bandwidth sufficient to create worry over video piracy
spending will have to increase. If you look at telecom equipment providers (and Corning, who provides the fiber itself) you see evidence the corpse is starting to breathe.