IP: a perfect example of fuzzy internet-think that got us into this mess...

[David Farber <dave () farber net>]

> Date: Tue, 16 Oct 2001 09:04:22 -0700
> To: David Farber <dave () farber net>
> From: "Joseph C. Pistritto" <jcp () jcphome com>
> Subject: a perfect example of fuzzy internet-think that got us into
>   this mess...
>
> I just got this off an article on ZDNET:
>
> "The opportunity looked quite significant," remembers Mike Unger, former 
> president of Nortel's optical networks business and currently a consultant 
> who sits on the boards of several startups. "The Internet was doubling 
> every hundred days. People were able to start up companies to meet the 
> growing demand for bandwidth. It was easy to extrapolate from that growth 
> and believe the opportunity would continue for a number of years, so 
> everybody continued to make investments."
>
> The internet was *NEVER* doubling every 100 days.  What's more broadband 
> equipment installs, which this article talks about were limited by 
> physical plant issues and even though they're down this year, were only 
> every about twice what they are right now.  They only reason they every 
> doubled quickly was due to an extremely small base several years ago.  For 
> the last couple of years, equipment growth has been pretty steady till 
> this year.   The over-investment phenomenon is more about too many people 
> trying to jump on the ship and capsizing it than about the opportunity 
> going away.
>
> the whole article is at:
> http://dailynews.yahoo.com/h/zd/20011016/tc/what_ever_happened_to_broadband__1.html
>
>
>
> Joseph C. Pistritto                             Cell: 650 464 4859
> jcp () jcphome com                             Web: www.jcphome.com


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