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Summary:

All talk of broadband proliferation, IPTV, and consolidation in the telecom hardware business is lifting optical stocks. Mind you, they are still a very pale self of their former bubblicious self. These stocks used to trade in triple digits, but nose-dived once the telecom bubble burst. […]

All talk of broadband proliferation, IPTV, and consolidation in the telecom hardware business is lifting optical stocks. Mind you, they are still a very pale self of their former bubblicious self. These stocks used to trade in triple digits, but nose-dived once the telecom bubble burst. TheStreet.com noticed that as well. Actually the entire telecom ecosystem is trading at near 12-month highs. Check out Qwest, Level 3, Ciena, Tellabs and JDS Uniphase! If you get a chance, read my story on the telecom turnaround from CNN Money. Here is Real Money’s take.

By Om Malik

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  1. You have to wonder, particularly since, the last I’d heard, there is still a lot of dark fiber out there to be used.

    Google didn’t buy it all. ;-)

    Doesn’t a chunk of that need to be brought into service before new glass is deployed?

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  2. Hello,

    Was curious were the stock graphs are from? Very web 2.0’ish. Haven’t seen anyone come up with stylish graphs for stocks yet.

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  3. Interesting views here Om. Angelo Liberatore from Credit Suisse had some comments on this post so we podcasted the conversation.

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