Monday, January 17, 2005

GoogleCosm?

Is Google looking to jack up search speed by controlling the pipe as well as the Search Engine?

C-Net reports that Google is buying up Dark Fiber. Dark Fiber is fiber optic cabling that has been installed but remains unused. Thousands of miles of this 'Dark Fiber' exists as the major telco's and others went on a building spree in the 90's in anticipation of a market that eventually imploded from too much supply and too little demand. Now that same 'Dark Fiber' is available for pennies on the dollar though the price is beginning to move up as new speculators are starting to buy up the excess.

Shades of George Gilder! Could the Telecosm ride again? Inquiring minds need to know: "Did I short my Level3 stock too soon?"

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