Dear Investor,

I'm writing to expose the biggest lie in technology
today...

I'm talking about the so-called "glut" of fiber optic
cable.  Here's the REAL story:

WHEN the World Trade Center got hit, the Internet
slowed down -- very noticeably slowed down.  In fact,
it nearly came to a grinding halt!  That means there
isn't nearly enough capacity or redundancy built into
the system to accommodate a blip in demand.

Sources tell me that the government is very worried
about this problem.  After all, this is the second
time it's happened.  Back in July, a tunnel fire in
Baltimore slowed the Internet to a crawl for two full
days.

That means our communications systems -- and therefore
our economy -- are very, very vulnerable.

Ten years ago, it wouldn't have mattered.  But today,
commerce and security is COMPLETELY DEPENDENT on those
systems.  Virtually nothing moves without it.  That's
how banks and brokerages transfer funds...how
dispatchers route fleets of trucks...how many Americans
get paid through direct deposit.

And we are closer to the BREAKING POINT than 99.9% of
Americans even begin to understand.  Here's one
example.

Qwest -- one of America's biggest carriers -- recently
said they're 60% loaded on their network.  That
doesn't sound too bad...until you understand how these
networks operate.  You can't load a network much past
65%.  In fact, 70% is virtually CATASTROPHIC --
because the network spends so much time searching for
open channels, it doesn't spend any time actually
sending packets of information.

The system locks.  Communications stops.  The nation
comes to a standstill.

AMERICA IS FALLING BEHIND the rest of the developed
world.  Internet traffic systems currently run faster
in Australia, Europe and even South America.  That's
because we push out more data than everyone else --
but we're not increasing capacity at anywhere near the
needed rate.

.

BUT WHY do we have this capacity problem amidst a
"fiber glut?"  Because  95% of all the fiber that has
ever been laid is "dark" -- that is, it's not
activated.  And the company I'm recommending is the #1
supplier of the components needed to do the job.  I'm
looking at a DOUBLE -- possibly a TRIPLE by this time
next year.  And I fully expect to multiply our money
five-times over by 2007.  In fact, this stock truly
has "ten-bagger" potential!
Sincerely,

Michael Murphy
TECHNOLOGY INVESTING

P.S.  The longer you wait, the more profits you MISS
OUT on.  This stock has a long ways to run -- but it's
already UP 43% since October 1st, in recognition of
this company's vital new role in national security.

Dark fiber does no good.  Actual carrying capacity is
strained to the limits.  And get this -- data traffic
is DOUBLING every year now.  That means a network
running at 63% of capacity needs to double its load by
this time next year just to keep up.  That's why the
fiber must be lit.  That's why the fiber will be lit.

Murphy is an idiot.

He had a big contrarian/bear newsletter during the super bull market in tech.  If you had listened to him, you would have lost your shirt.  My dad noticed how he was always wrong (his brother subscribed to the newsletter) and took the opposite position on all of Murphy's recommendations.

I cannot talk to my dad about the stock market without hearing that story over and over again.  My dad made a lot of money.

If Murphy is telling you to buy fiber optics stocks, past experience would say this is a good time to sell.

Sounds like murphy has a lot of stock to unload, so he's hyping it up to attract buyers.

A lot of these newsletter writers dont even trade stocks.  They just sell tips.  

it's dopey. there are masses of dark fiber that can be lit up easily, which means there will be a glut of capacity on the market for a very long time. fiber optic tarrif rates have fallen by 90% or more on some links such as NY-LA.

This letter has been written for more than fifty years.
I guess the damn thing still works.

Unbelievable, just unbelievable.

[smoke]

Wow! an internet stock tip! Get my broker on line 6! Outta tha way! I want 20,000 shares right now!!!![:O)]

Murphy and a few other insiders acquired a lot of stock to unload.

Yep, he's definitely hyping to attract buyers.

(I wonder what the real float is on this company ??  Bet it's small, real small.)

Is junk mail at its finest, maybe SPAM?

Thnks guys. I should have clarified the
question(s).
The obvious over-hype(you should see the stuff I deleted), how accurate are the technical aspects of the arguement?
95% of F.O. are dark?
Does 1 or (a few) company(ies), have a position to benefit directly and soley from the cable being activated?