Monday, July 23, 2007

"Game-changer" from Corning?

It seems they have figured out a way to make Fiberoptics bend without losing its signal. Their President says it is a "game-changing" breakthrough:
"This is a game-changing technology for telecommunications
applications," said Corning's president, Peter Volanakis. "We have developed an
optical fiber cable that is as rugged as copper cable but with all of the
bandwidth benefits of fiber."

This should be great for all those people who want a fast network in their apartment without having to resort to DSL. This will also be good for those people that have to share their bandwidth with a bunch of people in the other apartments surrounding you. So you don't have to worry about being lag killed when your next door neighbor is on YouTube 24/7 or using Joost to watch High Def TV.

It doesn't look like a gamechanger for the stock since it only rose $0.18 to $26.71 but there is heavy Call buying in the Aug, Nov, and Jan 30 strikes. It could be a good long term play once we see how much of this new super-bendy cable Verizon will be willing to lay and if other telecom providers switch to this stuff as well.

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