quote: -------------------------------------------------------------------------------- Originally posted by eddy: keep a close on on this sub penny. The Ceo has been selling most everything, and the rumor is he is wanting to buy an OC-48 capable company. He has been on a business trip the last week in Las Vegas, and this week he is in Michigan--------------------------------------------------- OC-48 connections are some of the fastest data connections in use today. Faster than OC-3, OC-12 connections, and even surpassing gigabit Ethernet, OC-48 connections are used as the backbones of many regional ISPs. Interconnections between large ISPs for purposes of peering or transit are quite common. As of 2005, the only connections in widespread use that surpass OC-48 speeds are OC-192 and 10 gigabit Ethernet.
why the large outstanding might not hurt this stock. about the CEO--found on another board------------------------------------------------------------- We know he owns over 51% to keep control of the company, so roughly he owns 40 billion. if the 20 billion restricted is stock he gave to Stockli, Nate, Jim for the companies, that he bought,if he gets those shares back. this is a total of 60 billion. then he is insisting on a 20% buyback. If he retired the 20 billion restricted that he might get back from the companies he bought-then retire 20-30 billion that he owns, plus a 20% buyback, plus what shares insiders own and are keeping---jmo-that would leave very little left for a float-lol---this is all speculation.
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